In this case I happen to agree with Mr. Cara....as does Jim Sinclair and many others. There is no doubt given the shitstorm (is that a compound word?) that the financial system finds itself in....the FED...the MAN...the Club....call it what you will....will continue to do what it has to do to save itself. I suppose the dispute is one of degree (as it pertains to the extent of the correction in gold). If you re-read Bill Cara's quote you will see that he says "some...not all juniors" will get hammered. I believe everyone with any credibility agrees that long term the gold market has nowhere to go but up. IMHO....I believe that KRY will fall into that category of juniors that will be spared...regardless of the degree of the Cartel Orchestrated takedown in gold that we will most probably continue to experience before we resume the trajectory skyward...