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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: rubbersoul who wrote (21297)	8/2/2010 11:20:21 PM
From: Wade	Respond to of 48092

<So I'll admit it -- if gold goes nuts on the upside, fortunes will be made by those holding gold shares. But I still prefer the actual product -- bullion gold. It's a cleaner play, no worries about a mine running out of reserves, no worries about union wage-boosts, no worries about political back-lash or confiscation, just fewer worries. And I avoid worries whenever I can. To wind it up, I don't care for the stock market's action, but I do like gold's action. Gold and cash, that's where I want to be. And I'd be happy if my subscribers would copy my position."> Marc Faber said the same about gold bullions, because they stay at the same wight. <VBG>

To: rubbersoul who wrote (21297)	8/3/2010 12:09:31 AM
From: Follies	Read Replies (2) \| Respond to of 48092

The other way to default on the debt is to inflate it away. I'm absolutely convinced that this is the path that the US will take. If the US inflates enough, then over time (many years) the devalued dollar will tend of reduce the power of the debts… The Fed/government will almost always be able to print enough money to manipulate the futures / currency markets and drive the dollar higher buy buying leveraged dollars with dollars they print. Almost always.