The question you have to ask yourself given Lehman, MF Global, Barret etc. is would I rather be in an ETF where the majority of the assets are not the physical commodity but rather fractional based paper managed and held by large financial institutions OR high risk assets like micro gold explorers where the majority of the seed money is a combination of sweat equity, family members of those involved, and entreprenuerial venturists.

Can some one say paradigm shift ... or will it just simply be a return to making money the old fashioned way ... they earn it like smith barney.

Remember ... if you are a "risk taker" never put more in than you can afford to lose to any one junior/micro, diversify and stay engaged, and above else remain patient if resu;ts are equal or greater than the forecasts, and the company is an effective cash manager or very capable finance raiser.

orgy