Victoria Gold Corp VITFF

RE:RE:RE:yukon radio item #2

[ss1867]

Regardless of the plethora of reasons that gold should be much higher in price than it currently is, it is not. Bet against an American economy recovery and my thinking is you will lose. This is why I sold all my VIT @ .105 - .115, and I took it on the chin on a position of 300K + with an average price of .1275 but in retrospect I`m sure glad I`m out. Tapering is coming, it has to as China...the main holder of American treasuries is starting to see the cracks in the shell with their own faultering economy and they want as much as their money back as possible. The massive amount of American debt that China holds is key to their own recovery and don`t think for a second they don`t want as much as possible back in their coffers. The Fed has no choice but to implement tapering or they are ruined, let the cards fall where they may...the U.S. green back gets stronger from here, interest rates reverse and gold gets decimated. Looks like the nuke talks with Iran are progressing favourably, the world just became a safer place to live on.....more downside pressure on gold next week as the fear factor diminishes. What if Obamas legacy is a peace initiative in the middle east. I guess we need a good war to put a fire under the POG but diplomacy sure seems to be the victor of the day as of late....and this is a good thing, perhaps we have found a remedy to become one world in harmony ( Dire Straits ). Since the start of QE you can simply turn the chart for the American dollar upside down and it will be an almost identical chart for the run in the POG...unfortunately, the chart is poised to reverse once again. VIT remains speculative at best here and Eagle will get moth balled if we see $1000 gold. How much fuel left in the tank, what`s the burn rate....9 cents and just maybe we aren`t trading too far below cash value...maybe management should have diluted us to the max back @ 16 cents. Major dilution is coming, Tapering is coming, Lower POG is coming....how far down the slippery slope are you willing to ride. Firmly below a dime now on volume....I won`t even look to re-enter until we see a nickle. Oh I know that will never happen.....but.....take of the blinders and look around, it`s happening everywhere around us. All IMHO of course....GLTA--SS