GREY:NWMMF - Post by User
Post by
jdeeron Feb 07, 2011 8:42pm
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Post# 18090713
Kaiser Interview - fwiw (January)
Kaiser Interview - fwiw (January)Found this particular part very appealing in reguards to NWM, as well as a few others I've got positions in... or are watching. Personally, I believe this $1600/oz range is where we're heading right now... betcha before 2011 comes to a close,
if not sooner - maybe mid-summer!!
TGR: And what's the strategy if gold begins to climb toward $1,600 in the next 12 to 18 months?
JK: Even amidst signs of weakening currencies and inflation making a comeback, that would create a mania in the gold sector, and advanced gold juniors with ounces in the ground would move up dramatically. Companies with exploration targets and teams in place to explore them would get attention. We would see a major influx into the gold stocks. We would also see a lot of money going into the gold ETF because now it is very easy for ordinary people to pick up the phone and become an indirect owner of gold and have that as part of their retirement portfolio. Once somebody is an ETF gold owner it is a natural progression to become curious about gold producers and developers. Such a dramatic price move would create an enormous inflow of capital into this sector. Turkeys and pigs would learn to fly again.
View the whole article at this link...
pub/na/3508
Worth a read, IMHO
Deer