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Threeflight

10/16/08 5:38 PM

#37067 RE: cvcamper #37066

Platinum and silver are used more for industry such as cars. Therefore they are more succeptible to the downturn that those industries are facing. Gold is the ONE thing in the world that holds its value and people horde in times of crisis, not to mention it is basically currency. And its rare :).

Right now I am loading calls on certain miners like AUY (the Jan 7.5's) and GG, and also buying DGP on dips such as today.

I really think that by the time winter hits stocks like AUY currently trading at $4.5 will be right back at $20 or above where they were this spring. You buy 100 of the AUY $7.5 calls at 65 cents and if the stock hits $22 thats $150,000.

People need to realize how much money is being printed right now. The most in our history and it isnt even close. Its like a South American country. Inflation will be OUT OF CONTROL.