why gold shares will explode.. , page-7

morning all,
-
"As investment interest picks up, rising to a crescendo, as it will in gold shares imo, then we will be in for one of the wildest stock market booms in our lifetimes with fortunes able to be made by canny investors who did not get shaken out of qualirty gold equities imo."

quite possible maybe even becoming probable and maybe even at some stage inevitable.

However, 'when'?

We have to get through next week yet.

We are in uncharted territory as far as I can see - and as we have a strong history of not being able to trust governments as far as you can pee - I would have to say that anything can happen.
Even worse than that - we CAN trust governments - they have a solid history of wiping out currencies overnight, confiscating almost all forms of wealth, including gold and doing the most horrendous things if one doesn't comply - and you can bet on it that they will make some of those decisions at some time in the future.

Whilst we can feel some level of comfort with physical gold and less so solid producing gold stocks - it really comes down to the rules of the nation you are living in

let's face facts - would you trust our Australian Govt. (no matter who is in power) or would you trust Uncle Sam - or any other on the planet for that matter.

We have been in situations like this before and we have survived until now - and things are better now than before for most ----------- however,

the mechanisms that have been used in the past have varied from peaceful fiscal tinkering (on a large scale) to long drawn out wars and the inevitable crushing of the populace.

There are a lot of economically stressed people around at present - so don't look for logical responses to the current dilemma's - just do the best that you can, in the end that is all you can do.

Like many here, I am hoping that this all blows over like a strong squall and maybe leaves gold stock holders being very wealthy - it is possible, and possibly you won't have to act much at all, just hold for a while and then transfer into some solid high yield investments and be set for life. If you look back (and not too far either) - it was very possible in the last gold spikes.
It is also probable that we will have a manic phase for gold - and if we are going to have it - well it has been coming closer by the week. This just might be the curtain going up on that phase - or, it might not.
Generally gold stocks very much do catch up - and often surpass by a long shot - a solid gold rise.
But, will it do it this time? And, when will it do it?
Well, if it does, and if most on this forum get the timing right - there will be a lot of smiling faces.
You may well need a calm head in the next few weeks. But also, this might take months, or even years, certainly this ongoing crisis isn't going to pass in a hurry (perhaps this local squall will) - patience is one thing you might well need a lot of.

Luck to all.

Pinto