80% of profits are made in the last 20% of a bull run. Folks- 2nd phase of the bull market run just started last week. (out of a predicted 2-3 year remaining run up) , the gold bull run has a lot more room to grow, which also means the USD has a lot further to fall.
In combination to this- CGFIA /D is just entering into their first phase- milling. IMHO we have not seen anything yet.
The repercussions from QE2 are just now being felt. The grain markets haven't been effected yet, we are currently using grains there were milled/ processed last season. Thus high inflation has barely begun. July saw a 10% raise in food prices alone. Just think after the record rains and historical droughts crops will be whipped out.
(In reality) Unemployment is going to wayyyy up. (in the life of the bernake/ and main stream media) the pumping of currency will increase till so many people drop out of the work force no longer making claims on unemployment that the numbers will actually decrease down towards 6% making the bernake/ Obama/ dems look like heros to the lame stream media.
Add the 10 counterfeit gold bars recently found in new York- making people very uneasy.
Oh by the way- according to James Turk, silver is still in it's phase 1 of it's bull market run.
So in short we here at CGFIA are really blessed to about this company, be invested, and understand all or most of the details.
CGFIA may lag on it's website, or lag on it's PR, but the story remains the same- gold in the ground, people are working behind the scenes to make this company a success.
The early investors do not need PR's the masses do, and CGFIA isn't ready for the masses to start pouring in.
Remember this: gold is barely talked about in the main stream and at some places still denounced as a hedge. Once gold and silver break their all time highs, then the main stream buzz will begin. (and for those outside the gold world they believe their are getting in at the ground floor). After the sediment shifts, I can assure you, CGFIA will be in a good place to gain publicity and more credibility among the masses.
We have a long cold and money winter upon us, so it's going to get quiet here for some time, we as investors must keep that in mind and sit back and relax.
If you are all honestly concerned about your investment with CGFIA or any other stock, you may want to get your gold investments into "Direct registration", and get them into your own name.
Because as it is, if it is in street name registration- this means it's in the name of scottrade, fidelity, etc. ((NOT YOU)).
So if there is some sort of "Internet glitch", Fat finger flub", or a Emp, yo can kiss your investment goodbye in the flash of an eye.
Get it in direct reg with your name, sit back, and go about your day. Because Colorado Goldfields will be above 50 bucks.. No doubt about it.
Gold predicted to go well above 8k,
Silver predicted to go well above 400
By James Turk, and others.
Let's have fun, and support one another. We are living through a wonderful time in history, in the greatest depression the world has even witnessed, the greatest bull market the world has ever witnessed, let's be thankful we are here with CGFIA and cheer. Because we are literally at the ground floor.
Long and strong, stay the course.. go Colorado goldfields..
:)
AI
