Gold Resource Corp (GORO)

[lootie]

Thank you Bigshow.I am really intending to stick to the topic but to me,that includes economic perspectives.(Please do let me know if I offend,something I do not want to do.)

For example,today I read that Europe and China account for 25 % of china's exports.That is crucial as it suggests much of the Chinese demand for commodities could remain.What is happening is major and structural.Their planned infrastructual spending is HUGE.$200 billion on power plants alone.I do know,the Japanese are less reliannt on the USA but not sure re the rest of asia and Brazil,Russia,Vietnam.Mind you Vietnam is suffering from 25% inflation,and has the look of a 1997 'paper tiger' a la Richebacher's forecast trouble.

The infrastructural spending in Russia,UAE,China and so on,is beyond anything since the USA exstablished much of the great countries infrastructure stating massively 100 years ago.This time the cale is bigger,much bigger.Consider,1/4 of the world's cranes are in the UAE.Amazing.14 new major cities being built in the arab world:one new Disneyland the size of all the others-in the UAE.

I am still bullish hard commodities-and as China has 100 middle class,they will want more steak,cheese ,USA Cabernet.But belying all,the paper money situation in the west.We will have commodity demand push inflation and paper money cost push inflation.Gold (and silver)seems the real money
to me in this scenario.(Well copper would ned a container or two)

For what it is worth,I still remember,the USA saved us in the 1940s.And the USA had Thomas Jefferson and the great constitution.

Happy holidays team.