gold breaks out, page-55

  1. 1,484 Posts.
    Hey Skol,

    For someone who obviously does a bit of homework, I am surprised that you don't seam to be concerned at all about gov. debt levels, interest rates and where that money is being spent.

    Conspiracy theories aside, the fundamentals for hard assets are strong. A lot of the the support for POG at these levels is not coming from over-cooked quick buck speculators but from hedge funds and central banks.

    Good money to be made in undervalued low cost producers with no debt, great little businesses, that will be resilient in a range of market conditions, and a very good chance of being damn profitable indeed, even if Gold pulled back.

    A guy like you who does his homework and grows his own food, would be smart enough to have some of this low risk potential blue sky exposure right?
 
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