bob, i think the financial world is a "whole lot out of whack".. i dont know if the investment world has forgotten everything it ever learned or if the continued fear pounded into everyones brain by a constant onslaught of electronic media has just driven everyone crazy.
many co's (gold/non-gold alike) are reporting record profits but instead of investors loading up on these equities they are piling into freshly downgraded govt bonds??
i know fear is good for gold prices but man am i ever sick of hearing how armageddon is coming... when the cash on the sidelines finally gets sick of just sitting on thier thumbs things are going to be fast and furious. hopefully some folks out there still remember what fundamentals are.
it almost seems like kids are running the market right now... chipotle is green every day (47 P/E with no dividends) while gold stocks get no love, yeah, they make a good burrito but c'mon...