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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: TheSlowLane who wrote (25396)1/27/2011 11:15:23 AM
From: Tommaso1 Recommendation  Read Replies (1) of 48092
 
Well, my mother used to say, "Don't be so open-minded that your brains fall out."

Here's someone who makes sense to me:

But, in spite of this pullback, “the strategic, long-term investor is still very much part of the gold story”, according to ETF Securities’ Will Ryan. The gold bull market still has legs, and after this correction, junior miners will benefit from rising prices, and potential acquisitions (and volatility will work in their favor on the upside)."

As does this:

Jim Rogers also talked about inflation. He said everywhere in the world, including Europe and Australia, there’s inflation.

“The Americans lie about it and the British lie about it,” said Rogers. He added that inflation is supply driven and he gave the decline in oil reserves as an example.

Rogers thinks that the recent decline in gold and copper is nothing more than corrections in a major bull market, and it still has years to go. Rogers argued that massive money printing will make investors put some of their money in the stock market, but that more money will go into commodities.

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