morning all, hi f&b,thanks for the chart. Goldies are mostly...

morning all, hi f&b,

thanks for the chart. Goldies are mostly always funny - doing the opposite of what one would expect on the surface (until you look a little deeper).

Personally I hope you are right on this being near a bottom as I am full at present. So for those who wish to add more - sorry.

Here is a chart for those who might be worried that gold is in a bubble and we might burst soon - this chart comes from an article in kitco - it sure shows pretty plainly what we are in at present - and it hints at where we might be at some stage in the not too distant future - can you imagine fml if history repeats - in say a year to 3 years.
FML will look seriously profitable if we get spikes like the past.

If the past is repeated even mildly - then gold isn't even warming up yet ------------ and how many mines do we have? and how much expansion in the pipeline?

And people are worried about this week? :) :) :) LOL




btw - the article link is

http://www.kitco.com/ind/Holmes/holmes_apr252010.html


have a great day

Pinto