Detour Gold Corp DRGDF

RE: RE: RE: If this two bit outfit can do it, we c

[justlikethat]

Of course, but I disagree with your premise that todays gold price is somehow a shadow of it's former self. Gold as money or gold in real terms by signifcantly more oil, food, clothes, cars, houses, you name it, then it did just 6 months ago. Look at the massive $ strengh that has occured over this time as well. Gold should be sitting well below 700 right on those fundementals alone. So, is a 750 gold price really all bad?

With that said, I think the gold market is smelling inflation 9-12 months out. Someday, the fiscal and monetary stimulas is going to kick in and I don't think central banks will be in a position or immediatly sterlize the inflation. They cannot destroy a fledgling system by pulling the rug. They are much more committed to inflation now then at any other time over the last 50 years. They would much rather go down this way then by deflating.

I'm still waiting for all of the paranoid calls for the comex to crash to come true!