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Re: faust357 post# 1084

Wednesday, 02/24/2010 11:47:15 AM

Wednesday, February 24, 2010 11:47:15 AM

Post# of 23473
Well, it does have something to do with the Chinese/US economic differences in that China is also in a bubble of sorts--and differences with the US could prick that bubble. There's substantial evidence that China has been way overbuilt and if they stop buying/hoarding basic materials, prices could collapse. Especially copper. Bad for WOLV.

Of course, if fiat currencies collapse as they're forced to print to address colossal debt, there could be a flight to PMs and commodities. Good for WOLV.

The bottom line is WOLV has to demonstrate that they do indeed have the rich resources in the ground that many of us here think they do. So the waiting game continues...
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