Replies to post #64 on Market Vectors Junior Goldminers ETF (GDXJ)

[Sunnybank]

QE3? Middle East tensions? Eurozone issues? Fiscal cliff? Rumor of GOP platform to link gold and the dollar? So I assume you mean it's going up further from here? ;-)

[SilverSurfer]

gold and silver will see a harsh retrace IF the "risk on" trade gets a shock - but once the actual money printing for QEternity starts,,,, plenty of nations and central banks will continue and ramp up purchase of gold for no other reason than as an alternative store of value as they know their own currency is and will be further diluted in a race to the bottom.....

[SilverSurfer]

PIMCO On Gold - The Simple Facts

we see gold as a compelling inflation hedge and store of value that is potentially superior to fiat currencies.

http://www.zerohedge.com/news/2012-10-01/pimco-gold-simple-facts