RE: ironytoday wasn't just about gold. markets got blasted and players will sell whatever will sell to cover their a$$. i'll bet there were some serious margin calls out there today. this is only going to get more nuts as we move into the year and more and more people realize that the US troubles are more serious than they are trying to portray. world market fears along with a US election, its going to be interesting, so get belted in. $1200 gold is coming. be sure to have some % in gold itself and play the dips on these stocks. this one is a no brainer into 2008 so you shouldn't even be worried about the swings. you can play them but you better be aware that if you are out when it starts to run you may not get back in very easy.
anyone using margin or a LOC backed by their home equity better have their shrink paid for in advance.
did you see the real estate figures published in the Province a couple days ago? I know everyone is betting the 2010 Olympics will hold values but I am betting that next year this time those same figures will be RED.
without gold and some gems like NDM, accounts could get lean by 2009.