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Gold/Mining/Energy : Pacific Rim Mining V.PFG -- Ignore unavailable to you. Want to Upgrade?


To: John McDonald who wrote (9418)4/5/1998 3:07:00 PM
From: Natedog  Read Replies (1) | Respond to of 14627
 
YOu don't seem like a novice reader? IS there such a thing? More like an experienced poster?

If you don't understand the fractional reserve systems I'm not sure were to start?

Maybe I was a tad off with that specific comment about the gapping, but the fact is that gold loans are currently not backed by a physical supply/fractional reserves ;)....and worse yet, demand is getting stronger. Mr Buffet does not seem to be accepting IOU's, something the "Goldsmiths" haven't seen in years. And by moving the supply out of certain warehouse some people are left scrambling....again, ruin and destruction is for the sorry souls who will be forced to buy silver at 10,11,12........+ A triumph through the golden lands will be all us gold bugs and the rest of the seniors with gold and silver prices back near to break even prices. PFG just might triple how's that!

I guess that's why I seem to stick around here? We have a reserve with more then I believe that we are told. And in time our superior management team will increase shareholder value to reflect what we really have.. With silver at 10 bucks they better find every damn last oz.

But if we use the now famous Phil Bata curve PFg will shrink another .01%.....Morning Phil:)
Nath