I live in Washington state, US, and I will add this perspective.

The Democrats and Republicans are too influenced by the extremes of their parties. Most US voters are somewhat liberal, socially, and somewhat conservative, fiscally.

Mr. Obama, and the democrats pulled a bait and switch in Wash. D.C. The voters thought they were going to have harmony and compromises in the middle of the political spectrum, and they, instead, got the far left wing of the Democratic party. The voters don't like to be duped, but this doesn't mean that they like religiously generated social conservatism, , either. There is a large, centrist, group of voters, presently, putting on their sneakers for a march on the Bastille. Against all odds, the Democrats lost major elections in Virginia, New Jersey, and Massachusetts, recently. THe Democrats just went into survival mode, and are, now, claiming to compromise, and listen to "the will of the voters". It's, probably, too late for them.

The US dollar may avoid collapse, business friendly policies may emerge, and commodities may take a beating until the engine of private enterprise, re-emerges. At present, government jobs pay 30% more than private industry, (not including the jobless,) government retirements are guaranteed, the number of govt. jobs is approaching that in private industry, etc. I believe some sort of a revolution has started down here. The leftists are not going to give up their power without a fight.

Sangold with it's low debt, great exploration prospects, potential low cost of production, and conservative management, should continue to do well as a company, but beware the coming coup d'etats south of the 48th. I think that this is a major influence on the stock price of SGR at present.

John Ehrhart