To: EL KABONG!!! who wrote (27257 ) 6/15/2002 4:42:12 AM From: tahoe_bound Respond to of 28311 Excellent post. The miners have outperformed magnificently this year, and physical is a fantastic way to go as well. All of the Bubblevision pundits declaring last week that gold is in a bubble, are of course saying that out of self interest. They are the same pundits who have said for over 2 years that "this low is the final capitulation" for the markets, and have blown it each and every time. For them to say the brand new bull market in gold and silver is over in only a 6 month time frame, is self serving and dishonest. Thanks to them and all of the media experts like Maria and Joe, and don't forget Abby Jo and Co. either! They are creating a nice wall of doubt in the face of very bullish action and fundamentals. They haven't a clue of what it all means, and how the price of gold only going up to 1996 bear market rally levels would vastly buttress the bottom line of the miners. Totally agree with you that a crash is a good possibility. There is still far too much optimism with sayings such as "things can't possibly get any worse" and such, which is practically egging the market suppliers on to keep torching those who don't get it. September and October are prime crash months historically. The precious metals story is only now being discovered by a few disillusioned ones. The total market cap of all of the miners, all of them, is less than some of the still overbloated pigs of the QQQ. It won't take much in the way of institutional buying to affect the entire sector, much like an elephant stepping into a bathtub once they start buying in big time as the dollar continues to decline from a major top for instance. The Strictly Drilling II forum on here is a great place to learn about the metals for anyone wishing to make up some of what they have lost.