Mining Sector Ideas

[bigworld]

GFP: If you look at the holdings of GDXJ and SILJ they are more of the intermediate level miners. Not the exploratory sector. And I think the metals are going to go much higher....permanently. We're spending $22 Billion a week just paying the interest on our debt. If rates rise even 2% our total yearly expenditure on debt service hits close to $2 Trillion. What are the odds of the Congress, in this era, curtailing some spending? I'd say pretty close to zero. They will keep kicking the can down the road until the currency collapses. And when that happens the price of gold in Dollars would go to infinity.