The Clock is Ticking
Another astute commentary from our friend Mark B
As I write this, silver has moved up from about $16 to over $40 an ounce in seven short months. Gold is at a record high. Yet the juniors are still neglected. No worries: BUY!
Despite all the nit picking and minor squabbles over Teuton’s prospects, one inescapable fact remains; our future is intertwined with two giant takeover targets, Seabridge and Pretium.
Sure, it would be great to have $20 million in the bank and a big exploration program of our own, but we don’t have that kind of money. But we make up for it in prime real estate. And stocks like Teuton, when the juniors gold rush starts, will be swept upward by panicky buyers afraid they’ve missed the next dot com boom. And, yes, that is what I maintain; it’s MY reason for accumulating stocks like Teuton.
Reasonable people can differ. Some “reasonable people” have saved depreciating dollars and are thrilled with their 2.43% five-year CD. Those are the bag holders, like Uncle Fred, Grandpa Bill and Aunt Clara, people who grew up when a dollar was a dollar and, no matter what is happening around them, cannot get their arms around the governments’ ultimate solution to the worldwide debt crisis: Inflation, money printing or, as I like to say: They are making Xerox copies of the money in our bank accounts and using those “counterfeit” dollars to bid up the price of essentials like food, fuel and natural resources.
When will the “buying panic” start?
We’re seeing some of the early signs already: Gold bullion and coins are being advertised endlessly on TV and radio;
Mainstream media says people should keep “some money” in gold, they often say “5 to 10 percent.” Well, it’s a start.
More and more commodity boom stories are saturating the airwaves.
Gold and silver ETFs are booming.
By the time CNBC and Bloomberg start to have the same guests on their programs that now appear on Canada’s BNN, it will be too late to buy today’s “cheap” shares.
The Canadian dollar has risen in value against the US dollar exponentially…It’s now worth $1.04+. Now, I’M the one with the calculator in my hand trying to adjust the Canadian stock values into US dollar prices. The USD collapse is on with a vengeance and I don’t see anything that can stop it. I now understand how Canadians must have felt when they picked up a magazine and saw the words printed on the cover, “$2.50, $3.25 in Canada.” The shoe is on the other foot now!
When are our “talking heads” (CNBC types) going to STOP interviewing the “Oracle of Omaha” or some dopey investment advisor and put some Canadian resource information in front of my fellow dopey citizens???
Yes, Teuton will not be the only stock that will take off, but it sure will be one of them. And with the stubborn, large shareholders holding Teuton in a “lock box,” when the buyers flood in, they will PAY UP dearly.
The banksters, fraudsters, government stooges and oligarchs have engineered this inflationary spiral. They’re too powerful to fight effectively, but we can protect ourselves from what we all know is coming by having a healthy percentage of our investment cash in junior resource stocks.
Even if the US suddenly raises interest rates, will that save the dollar? No. It will probably produce a Time magazine cover page with Bernanke’s picture on it saying “The Man Who Saved the Dollar,” as his smiling face will appear on that cover during the two or three weeks or so that an interest rate rise will work for!!! But then the dollar collapse will resume again, and again and again.
My politics are to the right of center, but can “cutting spending” as it is proposed now save the dollar? If you think taking 30 buckets of water out of an olympic sized swimming pool will reduce the depth by four feet, then, yes, it can be saved. So, no … It can’t!! And the much-debated “spending cuts” that threaten a “government shutdown” amount to that 30 buckets of water. The cuts, even if implemented, won’t stop the dollar meltdown.
The horses have escaped from the barn, folks. It’s too late to “close the barn door” now. Get ready for the junior gold stock boom.
RR
The gold rush is coming. It will be set off probably at a time nobody anticipates it to start. The only way to get in on the ground floor is to buy shares in stocks that will participate now, not later.
Is Teuton going to be .58 when Pretium and Seabridge explode? My guess is, Hell No!
All in Caliche, All in ๐
Theoretically, The 2011 U.S. Budget cannot be covered by taking “all” of the Billionaires money in the U.S., “all” of the Millionaires money in the U.S. and collecting taxes from “all” people in the U.S.
HOW CAN THIS WORK???
This is a one way to ticket to self destruction of not only the U.S. but the free World..
Makes me sick!
was that you that drove the price of NES friday?
I may have had a small play, but I am sure not the entire play ๐
I am a big buyer. If you see my other posts Caliche, I am buying anything that mines GOLD right now. This Environment is prime for the taking due to the explosive nature of the U.S. and the rest of the World due to One Big Assed Mistake America. 2012 is going to be Racially dangerous in America and the World. Israel is in trouble and the Muslims are making there final confrontation to the Western World. The Dollar will fall in my opinion, GOLD and the mines that pull it are going to be the only safe haven!!!!!
I know, I sound like a freaking dooms dayer!!!! ๐
mee too DW
all in
Hahahahaha
That is how it has got to be ๐
NES, TOU look to be real winners !!
THANKS
Hey DW…. Call me 800-982-8079 ask for GF