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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LLCF who wrote (59836)6/4/2008 1:54:15 AM
From: bull_dozer  Read Replies (3) of 78416
 
Thanks Dak. I asked this to Patron a while ago and wanted to get your opinion too. If Obama becomes president and if he brings back Volcker as Fed Chairman, and if Volcker starts raising rates like he did before, not to save the dollar but to kill inflation and save the economy in the long run (there are too many ifs but still a possible scenario), will dollar reverse its downward spiral and gold/silver collapse? I read somewhere that Volcker is on record saying "Letting Gold Go to $850 Was a Mistake.". If gold starts going down in earnest, I am afraid, the already battered junior PM stocks will be down a lot more. Thanks again for your input.
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