wow......if u want gold get it now, page-5

I still tend to think that if these dudes collectively decide to f*** everyone... then there is no safe place to hide.

For example - I bought into TRY this week. They own a gold deposit in Brazil. Now, I absolutely have to factor in the possibility that the Brazillian government will decide to nationalise the deposit and seize the operation that TRY has set up. To not do so would be naive given the current circumstances...

Still - owning a gold stock is a hedge for me against a collapse in the paper market. My hope is that there will at least be a strong spike before we start hearing about defaults. And so to with the gold juniors - that we'll at least see a strong run before we start seeing military personal hanging around a tailings dam.

Of course - this is all worst case scenario talk. And when I say worst case scenario - I mean collapse of law and order and martial law and all that. I still don't see this as likely.