Interesting... off another board I followAs of Monday we will all be taking a cruise on the QE II (Quantitive Easing), it will be the best ride of our life.in any precious metal stock. The G 20 are all in knots over the United States turning on the printing presses with up to 900 Billion in new money. Everbody is disposing bonds from their portfolio, and going into eqyities and precious metals.
In fact France and China had a meeting this weekend just to talk about the situation.......OPEX is pushing for at least $100USD oil
Just a week ago Sprott removed over 20 million ounces of physical silver from the market with his new silver fund, other funds, and indiviuals are converting their paper Silver and Gold to real physical metal, and moving it into "safe harbours"
The Gold and Silver shorts on Wall Sreet may be caught with their pants down, and bring down the whole United States banking system
The politicians in the United States House are all screaming for tax cuts......what that country needs is a new batch of taxes to start paying down their debt....Their Social Security is unfunded to the tune of about 70 Trillion dollars ....that's one large piece of plastic
We all have to realize that Santa is coming early this year for the Gold and Silver bugs .....it's going to be a long Christmas .....as we sit back and enjoy the cruise on the QE II
(thanx to Romara for that post)
More and more indications showing-up, giving greater reasoning and firmness to commodities, precious metals, junior plays and companies among Auras "peers/peers to-be" ...I for one am holding long and storng on these companies I consider "of high-confidence" in my portfolio. AUU being one of them...
GLTA, best is still to come ; )
Deer