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Re: badge792 post# 11239

Sunday, 10/02/2011 11:52:11 AM

Sunday, October 02, 2011 11:52:11 AM

Post# of 26631
I think it's safe to say there aren't many fans of the Fed on this board, but to be honest, the Fed is just doing its job. Congress makes the bills and the Fed has to find some way to cover Congress' reckless spending. It puts us - as gold mining investors - in a weird boat because we obviously want our country to recover economically, but we're betting on the ineptitude of our nations' "leaders". Covering our ass in that regard, I guess.

I have no idea what will improve the SP either. The naysayers have at least one point in that we can't say "wait until next quarter", ad infinitum. I'm still betting on profitable quarters, increased reserves, and increased production pulling us out of our slump in a big way, someday. Any more tho, I have no idea when that someday will be. Our fundamentals are solid now, there's no excuse - other than general market weakness - for us to be trading where we are.

"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it." -- Thomas Jefferson

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