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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (15436)	10/7/2008 2:55:24 PM
From: NOW	Read Replies (1) \| Respond to of 29622

if so, what are the options: what about other precious metals: platinum has been whacked but what will it do in a crunch? no store of value there?

To: TH who wrote (15436)	10/7/2008 3:19:58 PM
From: TheSlowLane	1 Recommendation Read Replies (1) \| Respond to of 29622

TH - I suppose that is possible, but I find it hard to accept that the tide can be held back indefinitely. Richard Russell said that at some point it will be in the interest of TPTB for the gold price to go as high as possible. I believe he said that would be when our creditors demand repayment. At that point it would be beneficial to have gold as high as possible so we could pay our debts with completely debased paper. I am not sure though that this will be what the creditors have in mind. Of course, by that point we could be in a global war over natural resources so it may be a side issue by then. tsl