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Wednesday, 07/27/2011 4:44:16 PM

Wednesday, July 27, 2011 4:44:16 PM

Post# of 118202
You know what you had here today? Buyers and lots of them. I am sure some small time boys made a buck or two and that is great but the reality is that this is a real company. How much gold they will produce is total speculation but the fact that they are poised to generate tangible amounts combined with the near certainty of gold going to $2000 in the very near future is a good bet. So good I loaded up today.

I will load more before August 2, the big debt deadline which is nothing more than propaganda. Whatever comes of that mess will mean higher gold prices. Do you think for a moment they will cut spending more than just a marginal bit? Got a better chance of seeing God my friends. That means default which means default only to the peons out there. The big boys will get paid just all the bullS**t alphabet agencies might get hung out to dry for a while which is fine by me.

So from there you have forced austerity. You also have guys like Steve Forbes who just came out this week and nearly guaranteed a gold backed currency will come back. Will it be the dollar? Who know but I know this, at a maximum there is $1.5 trillion in gold reserves here in the US and that is optimistic. There is $14 trillion liablilites on the books and over $100 trillion in non booked liabilities, probably not booked because there was never any intention to pay anyway.

So all this means gold has a bright future and any company that can produce it will do VERY well. This company looks damn fine at .068 cents per share at least to this gold bug anyway:)

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