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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (62663)	1/3/2009 5:50:31 PM
From: Claude Cormier	Read Replies (3) \| Respond to of 78426

Clearly base metal plays will react upward with the bear market rallies taking places. But I think that until the global recession ends, gold is the only growth area. And if this recessions becomes a true depression, you will see base metals at new lows, possibly 50% below current prices. This could happen rapidly and prices would not stay that low for a long time. The following bull in 2010 or so will be furious. But, for now, I prefer to stand aside and work with pure gold (or silver) plays. I may be wrong, but that is how I am playing this market.