Replies to post #25868 on Franklin Mining, Inc. (FMNJ)

[beentheredunthat]

Its a new financial world.
You would think that Gold and other precious metals would be at an all time high. This I do not understand either.

[nvestn4newshooz]

Just my thought, but I think the only thing that's keeping commodity prices down is the sudden gain in strength of the dollar against the Euro and Sterling. If the Fed cuts the rate again this should boost metals, because inflation should start to rise again, and there's already a metals market, with people capitalizing on the dramatic recent drop in prices. Maybe I'm wrong?...

[Militia Man]

There must be some truth in the thought that while the Dow and other boards get dragged down, as we see along with markets over seas, silver and gold get taken to the woodshed too!!! Not for fundementals, for Cash or liquidity in my book.

I think the pms provide some liquidity for those who need cash to cover calls or similar issues. Thus, when we have huge negative news in the market, the dollar is still in the tank, FNMA and FRE are now proven to have been insolvent, amonst many other things?

This is not normal and will not last, imo. The world over and above Wall Street, know where safety is and have for a very long time. It is in pms and they will shine, just when we least expect it! BAAAMM

Prisoner hangin in there...no pun either