Magellan Minerals Ltd MAGNF

re out of touch

[prospector7]

I don't think so every since 1963 I have made money on gold during the hard times. My whole point is here that all the money makers who bought short and outsmarted the market will not put their money back into bank stocks which are going to get hit with every bankruptcy and believe me there is more coming everyday. The only way Banks are doing well now is because of the gifts given to them by the governments.
Some Canadian banks are ok for now but Canada is going to have a lot more bad times to come the best thing we have is our commodities I can't say invest in banks my grandchildren would think I have gone off the deep end how can you invest in something that is connected to companies countries nations and people going bankrupt when there is no real proof that we have hit the bottom of this downturn and I'm talking Banks it is a logical conclusion in this market Banks are still at risk folks do your own DD. Patience is Golden a smart man said that I want to be where the puck is going not to where it has been it was Gretsky and Coffin gave me the heads up on that quote I love it because I'm on the right pram and it's gold not standing in line to get some worthless cash or to borrow money to support a broken economy that can't compete in the world economy.