The fundamentals haven't changed. China, Russia,India, and the wealthy in the Mid-East & many Central Banks continue buying GOLD in LARGE amounts. The Fed and the ECB and many Central Banks continue to print money and go even deeper in DEBT . More & more Europeans , Turks ,Brits and US citizens pull money out of the Banks ,as the word gets around via the internet that most banks, US, European ie ;Spain, Italy, France , Portugal & even Germany and British are heavily overleveraged in Debt,Derivatives and toxic ,no good loans and most are technically insolvent if required to account by current mark to market values.
The BIG US and British banks are well aware of all this and yet the anti-Gold cartel continues to suppress GOLD and SILVER bullion prices and most all Gold & Siver mining shares .WHY? I suspect it is simply so they can make HUGE profits by buying the GOLD & Silver bullion secretly thru third parties while making us think, thru the controlled main st. media, that it is China, India, Russia & others that are doing most of the buying. And thru naked short selling or thru legitimate short selling are suppressing & depressing the listed producing mining shares despite most of them making big profits nearly every quarter and some increasing their dividend payouts. All this in cooperation with the FED, the ECB & the Brits in a desperate futile hope to support the US $ and the EURO and the pound by scaring off the longs in mining shares and bullion. Meanwhile most of Europe is entering recession or worse, huge unemployment and dropiing housing prices. Same for the US . Thus we're headed for a climax when the plan is suddenly revealed-- a major re-valuation of Gold to back the US $ ,at least in part to " Save THE WORLD " & save the US BANKS and help back the EURO with loans from USA and the Europeans own Gold. Thus hold on as long as the fundamentals continue to support this logic.
This will make SFMI even more valuable and especially when the 43-110,permits issued, and drilling results awakens the world to its true value. LINDY
