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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: gravityz who wrote (42462)4/12/2013 1:03:50 PM
From: Zincman1 Recommendation  Read Replies (1) of 48092
 
No idea... but one could argue w/ paper gold now, there is little need to mine anymore anyway.

Have we reached peak gold mining? An argument could be made for so.. Will the in situ deposits take on a new valuation?

I guess it all depends on what the future of fiat... Is gold a part of the next system? If so, does it need to be minded at all?

Could the USD remain strong for 50+ years as many smart people suggest? If so, is more gold needed? Many smart people suggest it would of been long gone by now... Other suggest any day...

Just have to pick a position an make a bet...

Will this bear in gold last 20 years as the last one? Very well could be...

A challenging situation, no doubt.
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