what to do if slr hits $2.70?, page-118

If the US starts to get more serious about bringing the RELATIVE level of deficit spending down over the next several years, gold could indeed have a decline on the back of some true fiscal discipline. To say that it would not ever come down meaningfully is saying that the laws of gravity have been suspended forever. You simply cannot say that and keep credibility. For gold shares at present, the market is telling you otherwise at present. These shares are, in the main, getting belted right now and Au has not even moved much in recent months. I might be wrong, but that movement may follow, then the goldies could really start to look interesting then. Holding off no hurry at present. Saved $1300 today by pulling an order. Decent company at the right price.