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XMFSinchiruna (26.96)

Space: The Final Frontier for Gold

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April 25, 2012 – Comments (1) | RELATED TICKERS: NEM , ANV , MUX

"While I am glad we have some forward-thinking billionaires who are willing to bankroll space exploration now that NASA can't afford it, I consider it the height of irony that those same billionaires seem to have no interest in mining ventures right here on Earth that are far closer to production and far more economically viable. Until such time as the mining and exploring equities here on Earth reflect a reasonable value for the buried treasure contained within their property portfolios, I would remind these billionaires that they may find themselves even better equipped to fund this long-term space venture if they were to also invest a bit of capital in mining just a little closer to home."

http://www.fool.com/investing/general/2012/04/25/space-the-final-frontier-for-gold.aspx

1 Comments – Post Your Own

#1) On April 25, 2012 at 11:34 AM, XMFSinchiruna (26.96) wrote:

Mario Draghi pretty well summed up our collective predicament today:

"I think buying time is not a minor achievement".

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