fml is no laughing matter, page-24

morning all,

choo,

re" Fear everywhere so investors are heading for safety and still thinking the gold sector too risky: good coy, bad coy - who cares? sell sell sell."


Yes I agree and I guess it is just like last time where everything is sold off no matter what - but (and it is only my feeling, I haven't looked closely - I should) -
anyway - this time it feels different to me - yes we have had a sell off - but things are different and I think gold and goldies will be different to last time as we rise out of the dust as you said.
ie. I don't think goldies are selling off as much - I would like some opinion on it.

This time -- there are clear differences ----

more US$ around
soverign risk crisis not a credit crisis
Aussie looks like falling much more - ? various reasons
Gold rising in ALL currencies
Talk of paper gold being risky

Those variables alone should make a huge difference.

We might - just might be in for a gold launch of massive proportions - I am not predicting it - but it sure is possible.

Gold is definitely in a bull market - but still very early stages - I get the feeling it is coiling like a spring and just starting to get some power behind it.
Anyone who thinks gold is in a bubble at present - wouldn't know a bubble from a duck - it is so far from a bubble at present.

If (and again I say if) it gets traction - the fml's (fml, avo, slr etc) - they will be the ones we talk about in 10 years or so because they moved ,000s of % -- just as several juniors did in the last big gold move.

It is hard to see clearly for me with all the differing comments from gold bull and bears and manipulation talks - but it does look like a promising base presently - I guess we will see inside 6 months or so.


anyway, I have to run - talk soon

Pinto

ps -- joan, I think the hilux will be covered.