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Re: ComstockRoyalty post# 42876

Wednesday, 08/01/2012 2:26:20 PM

Wednesday, August 01, 2012 2:26:20 PM

Post# of 78704
Dr. Marc Faber agrees also.


http://www.arabianmoney.net/gold-silver/2012/07/25/marc-faber-explains-where-to-invest-but-not-for-the-next-10-days/

Fiscal cliff

He is also very confident that the US will continue to print money undermining the dollar and said the US ‘fiscal cliff’ – with taxes set to rise and spending fall at the end of the year – might turn out to be an endless Grand Canyon, though he doubted politicians had the will to make it happen.

‘The Middle East will go up in flames with a military confrontation and the oil price will go higher,’ he forecast, though with several countries already in a virtual state of civil war that is an easy prediction. The scale and contagion are far harder to predict.


It has always been t he plan of the PTB to turn the ME into a giant warzone as they did in the 80's.

The Strait will be closed and natgas and geopolsafe resources will soar in value.

US Based Energy will be the place to be.

Drake IMO will be able to get their first leases moving and that can happen very fast.

Long Drake.


Disclaimer: Do not ever buy a stock because of my opinions ever because you can lose everything. Nothing I say is ever a recommendation, but just an opinion. Don't Buy, Don't Buy as Cramer would say on CNBC. Do your OWN DD.

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