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ServantofBob

04/09/13 4:33 PM

#20198 RE: JustForFun7 #20197

With the powerful forces at play it is very hard to predict how long the current currency/interest irrationality can be maintained. PTQs financial numbers look great without the currency bubble exploding. When that bubble bursts PTQ is among the best positioned of the small cap miners. God help the pensioners, when this bubble bursts their "low risk" savings devices will be worthless.

Implanting

04/09/13 4:40 PM

#20199 RE: JustForFun7 #20197

You can rest assured the Central banksters will do all they can do and print as much money as possible in an effort to keep kicking the can.

The problem they have is it can't go on forever and they know it. There will be an end game coming soon. Jim Rickards made an excellent observation in a Bloomberg interview a couple of days ago that gold is a always appreciating in SOME currency. Right now it's the Yen. It may be Sterling after that. He expects it to be the dollar later this year.