RE: RE: china sell off ruining my day!I think you're right. With massive future inflation, government debt, currency devaluation, etc. Gold Stocks probably are the only game in town. How else are we going to preserve our capital in the years ahead?
Storing cash will be dangerous in case there is a currency revaluation (just like a horrible 10:1 reverse stock split). In fact, I bet that's what governments will eventually do to erase their debts. The way they are spending there's simply no other escape route. Then all the creditors, cash and bond holders will be the idiots. Only real assets will retain their true value in the new currency. In other words, it's safer to be a gold stock holder than a cash or bond holder.
PS. Today, the manipulators were hard at work again, but my sense, looking at the charts, is that this was just another excuse for a slight correction and part of the normal zig-zag trading process. China is just a smokescreen.
The real question is, when will we see a general correction? I think, not until interest rates start to rise. Then we will have to be careful.