Re: Denver Gold Forum 2008
in response to
by
posted on
Sep 19, 2008 07:18PM
Creating value through Exploration and Development in the Sierra Madre of Mexico
If you want to take away a piece of information of real value, then listen to Peter Merrone and Sean Boyd. Two very bright men, very good at what they do in business, but still not true believers in the gold bull market. I wish you were there, because you could see it in their eyes. The "Oh crap, I hope I know what I'm doing here" look. The "we'd better not take too many chances because all could collapse at any time" attitude.
Eric King Knows and Jim Puplava knows. I know. Do you know? Do you believe in this thing like Eric King urges you to?Do you understand the significance of the events going on in the economic word around you right now?
You should listen to Hathaway's speech if it's on there. He gave the keynote. I was in the room. No one was paying attention. That's not true, Rick Van Nieuwenhuyse was paying attention, but he's an exceptional individual caught in a bad situation right now with Novagold, bad economics. When gold hits 1500, watch out, Novagold is going to fly. Van Nieuwenhuyse is in a class by himself.
In any event, the feeling in the room was, "I wish this guy would shut up so I can go watch T.V. It was amazing, people stirring their drinks, shifting around in their chairs. Hathaway was brillaint and nobody cared.
Very, very bullish for gold.
Even the industry is going to get blindsided.
One of the members of my investment group turned to me and said, "I'm glad you dragged me out here. I wouldn't have believed that the people within the industry could be so clueless as to the underlying economic fundamentals of gold and silver unless I saw it with my own eyes. We've researched this more than these guys have. We're seeing it better than they are."
Guess what? He's right. Amazing! But not really. It's been too long since something really bad happened to the stock market. People who have been winning cannot imagine losing, and people who have been losing, can't imagine winning big. I can, however. Hopefully you can too. Bull