RE:RE:RE:RE:Edison Note out: C$42.95 ValuationWell, I was hoping for $30 today, so far just tracking GDX.
The biggest thing I hate about being involved with gold cos is that these days the share price is totally proportional to price of gold. And price of gold is totally dependent on what happens in America. I mean, who cares how many jobs were created in gd America last month. I really don't like that I have to care about that. When EDV gets to $60, I think I am out. Will buy some nice Canadian banks and utilities. Boring but no need to check the share price every hour.
If the Republican Party is successful in staging a politcal coup (if you have been reading American news) , whereby 40% of those who vote, probably 25 to 30% of the eligible voters, manage to take control of government, I would suspect you will see some sort of civil war. If I lived there that would be what I would be inclinded towards. Maybe then their dominace of so many things finacial will be shaken.