Pacific Gold Corp fka PCFG

[DeeDog]

Well said, and on the price of gold, I agree with most writers I've been following, it will continue to rise.

Gold prices will obviously affect revenue and the bottom line. If they hold in the current range or rise, it would certainly give a nice positive effect to the SP.

Here's a partial from yesterday's edition of Agora's "Daily Resource Hunter". Gold is here to stay (and increase in value) and IMO PCFG will do the same---rise!

Addison Wiggin

Dear Resource Hunter,


As I write, most markets are cheering an agreement out of Europe that will “fix” the continent’s stubborn debt problems.

I say “fix” because the deal is so full of holes that it’s unlikely to lead to anything but more problems. But at least one market seems to understand this... reacting to the news with complete indifference — silver and gold!

Just look at the numbers. Yesterday, news that the European talks had broken down sent gold skyrocketing $65. After the news of the agreement came out, gold... stayed exactly where it was.

Smart investors have figured it out — things are not fixed, so they’ll be holding on to their gold a little longer, thank you very much.

I’m confident you feel the same way.

The fact is, the problems in Europe could easily spread over here. After the crisis here in 2008, U.S. banks loaded up on European debt. The “fix” today is in large part a response to the fear of a sovereign debt crisis in Europe mutating into round two of the global economic meltdown.