An exploration stage company, engaged in the exploration of silver properties in Argentina, Australia, Canada, Chile, Mexico, Peru and the United States and the acquisition of silver properties, if warranted, throughout the world.
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Jstegma's (99.82 rating) pitch on ABX. I reprint it here, "There is a lot of dumb money in gold. The same sort of people who bought into the dot-com boom in 1999 and bought into the housing boom in 2006 and believed oil was going to $500 a barrel last summer.
Now it looks like oil is going to $5 a barrel and gold is going to $5000. Or maybe my friends the "dumb money" will continue their streak of idiotic rallies that end in tears."
Perhaps you miss the point, gold never goes anywhere against purchasing power, that is the point, but the dollar is going somewhere, down.............. So Gold price in dollars will appear to rise, but as usual it will buy the same amount in goods and services.