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Re: JTJ post# 2320

Tuesday, 10/28/2008 7:39:42 PM

Tuesday, October 28, 2008 7:39:42 PM

Post# of 7752
i think there are many confirmed producers that will do well in 2009 that are trading at a heavy discount now. AUY is down something like 50%, for instance. I cannot BELIEVE that SLW has fallen so far, so fast. That, to me, is a gross overselling of Silver Wheaton. These are the dips that you buy in on, and hold hold hold.

What we know in the gold market is this: the IMF is selling, keeping the price deflated. Nonetheless, the gold stocks are steady, with increased buying in Chindia. Europe has a 4 week wait to get bullion. Yes the price drops and drops in dollar terms as the scared world moves into dollars as a safe haven. Is the dollar really strong? Not fundamentally. BUt does this give you a chance to buy bullion at rock bottom proces? YOu bet. Gold is going to roar back in 2009. No doubt. This is the lull to get in on.

I don't see hte point at risking real money for a stock that is well below sub penny now when there is so many other , confirmed discounts out there.

There is no get rich quick scheme. I have learned my lesson.

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