Yes the old confidence is coming back
Not just because the POG has gone up a bit since being hammered
But because the talk around is about how high it will go
Not how low
The global economy is still in a bad way
The Australian economy is set for a big fall
I can imagine interest rates dropping more than 1% by years end
I can't see the Aussie being over $1 within a few months
Even with the US continuing to print
Soon enough thoughts will be on gold
I still find it hard to imagine any explorer getting enough funding to
Get I to production
Producers with cash on hand will snap up a lot of bargains
SAR is stuck in the middle
Just enough funding to increase production
With gold over $1800 US and the Aussie slipping
The SP will head north in a hurry
Increase in Medicare surcharge sure isn't going to help the economy
Yep my confidence is gaining and I will have to think of buying more
Although I am loaded to the hilt already
I still hope we know all the facts with SAR
As even in this climate the SP should not be under 25 cents
I am still worried about the unknown
If all is above board then this is a screaming bargain
Imoo
when gold gets back to $2000..what will sar be, page-4
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