the signal we've been waiting for, page-4

hammers

You would run a business like a betting ring does.

Gottalovtat.

Eyes only on the upside, but not on the downside. If it does not work out, too bad - there is more money to be found or borrowed from somewhere for another try.

I honestly fail to see a reason for a sustained near term upturn in the POG. Longer term (in 12-24 months time) I think POG will reverse up again, based on improved economies in India etc and continued growth in China. The absence of India from the gold market has been a huge dampener. It is basically Chinese demand that is propping up the POG - but you are welcome to believe whatever makes you happy.

Inflation would be another positive if it happened in Europe/US/Japan but it has not arrived, and takes time to have an impact.

Having said the above, SBM is not out of the woods unless they do some serious cost cutting and fix the pacific island operations on time.

loki