tekeover play, page-27

just having a ramble

not an NST holder but looking...

appears NST getting mauled same as others, but don't assume the POG can't get much lower - much much lower. But that would put most gold miners out of business surely? Yeah, it would, but so what? Well then the price of existing mined gold would skyrocket? er, no, not necessarily. That's the traditional way of thinking.

At one level Buffet is quite correct. Apart from a few specialised technological niches for which supply is in abundance, intrinsically gold is near useless, the vast majority of gold is simply hoarded.

Thing is, the criminals who run the FED are out to protect their fiat currency and they have their hands on the levers which control pretty much everything financially. It is easily within their manipulative power to send the POG crashing further. All I'm underlining is that there's nothing written in stone about what the POG must be. Hence when punters think they are safe to buy gold stocks because the price has fallen so far, etc, etc.... exactly what metric are they punting on?

NST looks a good bet right now given recent history, but there are still a lot of uncertainties about the yellow stuff. Oh, it's bottomed you say?.... maybe.