Ah yes,of course. Thanks. Have any of us kept some powder dry?...

Ah yes,of course. Thanks. Have any of us kept some powder dry?

Gee its fascinating. Personally I am well-invested in bonds so falling interest rates are fine by me. But the question of whether, and when, and how much to take from one side and invest in the other, remains. Also the place of gold through the middle is really interesting. Fundamentally I agree with @Antipater that American debt is so big and the world so uncertain something has to "give" at some point but how do all those shorter-term influences change things? And do we have the courage of our underlying convictions? As Uncle Joelstar pointed out the other day, a lot of the time no. Moreover, there is no doubt that irrespective of the price of gold, crashing markets will further crimp the funds available for explorers and developers. Maybe the corollary of all that remains..... choose producers who can capitalise on the high price of gold and effectively use those funds to respond further by way of development to the price signals the gold market is sending? Oh wait, that's why we are here already!