Gold and Silver Juniors, Mid-tiers and Producers Message Board

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

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To: Zincman who wrote (65718)	6/15/2009 8:52:05 PM
From: loantech	Read Replies (1) of 78407

Hello Zincman, A respected poster Ol'Kastel, uh I mean Spotted, uh uh I mean Black Swan made what I think is a profound statement the other day.We have not seen a frenzy or fever in gold stocks on this last run of 8 years. I like the golds in here. I guess I am a dumb bug. Sure oil is finite too but.......people will drive less in this economy. And a big market rally ala Da Chief... maybe maybe not. I think the 401 K people and the IRA people may not have as much juice to invest with the economy the way it is.Some of the speculation fever is gone if not a lot of it. Copper I go with it still a good metal and not that expensive IMO BWDIK. I differ from you as I see the glass half empty not half full at this point in time. I worked almost 25 years in the retail credit business. Americans are cashed out and toy and debt heavy. Things must slow from here to gain a balance between income and outflow and credit is getting tighter. A GOOD thing in my book. Who needs to buy all that crap anyhow many things in life do not cost much. It is free to walk a few blocks in your neighborhood. Go for a bicycle ride.It does not cost that much to go camping for the weekend.Free to well enjoy that one good thing. LOL. NOT IN SOME CASES!! <g> Visit your neighbor and have a at home BAR B Q instead of spending money going out. So a slower economy people enjoying things that are relatively cheap maybe that glass is half full after all. But not good for the earnings curve that the wallstreeters want. Now gold eh? Lot of deficits still, lot of trillions thrown around as billions are passe'. I am sticking with the gold producers, THE REAL THING! Not as real as bullion but I am okay with the gold producer stocks. Tom Tom

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