GREY:NUSMF - Post by User
Comment by
jvtayon May 05, 2010 3:26pm
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Post# 17066410
RE: RE: RE: Nautilus reports US $196Million cash o
RE: RE: RE: Nautilus reports US $196Million cash ojak...I share your impatience and frustration with mgmt. We really don't even have a reasonable timetable with any kind of milestones / timeposts to gauge anything by. And as said, mgmt has a well-paying job for years to come and we as shareholders have to hope they have grander plans than that. (I believe they do...but hey, things change, people change...).
However, I completely disagree that, apart from takedowns by the bankster cartel (whose main asset and therefore the asset they greedily protect, is essentially limitless fiat counterfeit money, and the "authority" to create it) of gold/silver, really all commodities, as we've had the past two days, I have no doubt we will NEVER see these gold and silver prices again...at least not in the currencies presently used and being printed ad infinitum. I think 3-5 years from now $1000 gold will look like $35 gold does to us now...and $20 silver like $2 silver. The fiat system wheels are in the process of falling off, and the world will soon demand a new system at least partly backed by gold/silver. The $$$numbers required to back just known fiat paper out there with gold is so high, I won't even print it, b/c it looks like a joke (and truth be told, it would likely never get that high for politico-economic reasons)...and that doesn't even take into consideration the $100s of trillions of $$$ in derivative debt still outstanding, all based on fiat crap.
There will undoubtedly be days like yesterday and today...but the trend is up up up...and likely for the next generation...for gold / silver / copper / oil...probably all finite primary materials...jt