Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: PaperPerson who wrote (8703)	6/9/2009 8:48:28 PM
From: onepath	3 Recommendations Respond to of 23091

>>>yeah, hope he took a lot of notes!<<<< ..my small brain is full and I have major homework.lol Will use this post for some general comments etc.more will follow on specific stuff. The show was less busy than I expected and also less pressure to push product or purchase news letter subscriptions etc, I was surprised that almost every newsletter writer,analyst etc was at minimum short term bearish and some totally so(gold & market)Most spoke of already advising their clients to be totally out of the market or be down to house shares.Some talked of stocking up on extra food etc.The U.S. speakers mainly felt the US$ will fail and take everybody else with them.Only a few Skarica & Roulston come to mind where only cautious and felt that outside the U.S. there was opportunity and where not calling for meltdown.Nearly everyone felt that gold would takeoff in the fall but must consolidate a short term top.Ex. of comments made... ..sucker rally. ..money to easy. ..china will flood the markets with metals(base) driving the prices to new lows so as to pick up the miners dirt cheap. ...time to take profits. ...only leave house money on the table. Kaiser was also more positive than most and made a great point..."bottom fish this summer not the last quarter because the tax season will be quite muted." I wanted to post this overall impression first because I think we are all wrestling with how much cash we should take into summer and I will post a few of the things that came to mind as I listened. ...who is buying if everyone has been selling? ...summer rally or no seasonal dip here would catch a lot of money on the sideline. ...who would benefit by a total collapse of the US$....not a managed decline? ...how many of the speakers(world negative) went out into the streets of Vancouver.A busy beautiful city that has a real international feel.Eclectic with real good energy.I had a real good time at both the show and in Vancouver. I am staying mainly invested....i have reduced some risk and raised some cash so i can buy if any real good deals come along.