. . . performance, the investment community is fixated on short term losses rather than long term gains. (IE, the renewal of the long term "bull," setting up as a "perfect storm" for gold.

"They say it won't happen, but sometimes it doesn't always work!" a quote from Casey Stengel.

$1500 gold is iminent, changing all the #'s, playing havoc with predictions (ie, that it won't happen!) $1500 gold is no doubt very conservative, but even at that level cos like SAN will "go nuts!"

The "green belt" will offer "fruit" for the picking!

This current depression in the minds of gold equity investors will become a "Mania." "Irrational exuberance will be the psychological "flavour of the day!"

The psychology of the market is in continual flux, and although I don't pretend to know much, (Thomas Edison is on record saying, "We don't know one millionth of 1% of anything!") even Ray Charles would have been able to see the next turn for gold will be a violent move to the upside, taking all levels of gold equities with it!

In the "long term" there will be no denying us!

RUF