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 (65720)	6/15/2009 11:08:59 PM
From: loantech	Read Replies (1) of 78408

I have a feeling you did not capture the gold move from 250 to 1000. That out did the S&P and the DOW. XAU and HUI even more so. You have had a feeling about gold for a year or two now. Just because we did not make money does not mean many others did not or that we could make $$ in the future? BTW I have made a LOT of money but lost a lot by riding stocks down.Profits were there just not for bozo traders. Gold stocks had a frenzy-fever in 1979-1980 and 1996. Huge gains. It will happen again. Maybe. Fund gold fever? Allocation change gold market is very finite and small compared to most sectors. Foreign buyers that are going to buy all that oil may help the goldies run. <<Lot of deficits still, lot of trillions thrown around as billions are passe> American has been here b4 and, in fact, worse off than this... History shows this...>>>>>>>> I don't buy that load. People are not better off they are deeper in debt. Another day older and deeper in debt St. Peter don't call me I owe my soul to the company store. Debt and toys do not mean better off.But I get you zincer we do have a nice lifestyle of that there is no doubt. You are right but how many are losing that style as we write? <US still has 16 of the top 20 universities in the world... no other country comes even close... Sure some kids are dumb shits.. but many are not... > We agree. But please include top 35-50 to get Boston College in there. <VBG> I am not betting on the demise of the USA but we may flatline for a decade. People plain and simple owe too much and like after the depression will be afraid to borrow for some time after this mess is over.Wages are falling. Does not paint a strong picture in the near future. <The US is soo far ahead of anyone else in nano and bio tech, just those two sectors alone are worth a long bet..> Buy it then and forget the gold boards. LOL. I agee the USA is still good but we may flatline for sometime like I say. We boomed for 25 years or more since 1980. We boomed for 25 years after WWII and then went flat for 10 years. I ain't movin unless it is to some lake property I heard of!!!!! Tom

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