moonshot: We got caught up in the hysteria of the market. I admit that. I don't doubt that everyone of the bugs that kept telling us to buy this junior and that one believed what they were saying. In principle their argument had merit.

However, everyone was counting on a fair market and that the world was going to disconnect from the USA. It didn't work out that way and in hind sight, it couldn't have, could it.

But inflation will yet come. It must. They can't keep dumping money into the market without it coming.

FB never suggested buying up oodles of shares in any junior. I can't recall exactly what his number was but I think he suggested something like 12,000 shares for a $200,000 portfolio!

He's not a goldbug and is actually very conservative. I guess looking back and seeing how right he was is why I'm such a fan of his now. Right now he's only holding juniors because they're so beaten up. He's out of almost all stocks. Holding about 10% of his portfolio in Gold. That's pretty conservative.