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

To: kayco who wrote (68669)	1/11/2010 1:12:26 PM
From: E. Charters	7 Recommendations Respond to of 78406

Gold will not drop if the Chinese can help it. What happens in depressions is government's buy gold to shore up their balance of payments. This is what is happening in China, India and Russia. Gold is money. When money is scarce, then gold becomes scarce as well as it can buy money. EC<:-}

To: kayco who wrote (68669)	1/11/2010 1:20:21 PM
From: LLCF	Read Replies (1) \| Respond to of 78406

Yes, a bit emotional for sure. I DO think it's a great long term investment as dollar gets wiped out... BUT there seems to be quite an uprising against all the stimulus and Fed pumping... as "it appears not to work". If they halt the stimulus and pumping, IMHO we'll drop quickly into deep depression. That worries me and my gold shares. :)) Of course THEN they'll just print like nutz and complete the cycle and gold will soar to unheard of prices. But we may be talking 5 years from now. DAK