Strike

I agree that due to all the factors that have got us to this point we are seeing a buying opportunity. Gold and Silver should be bottoming about now. There is support at .11 in my view. A strong bounce from here should be possible if Gold takes a run to $1000 on this next up cycle. As usual, I will play SVM, SLW and MFL for short-term profit but continue to accumulate TDC at .12 or below if possible. I do not expect explosive appreciation for quite some time though.

On another note, by the end of July or the beginning of August we should see a rapid deterioration in the economy at odds with what you would see and hear by the media.

There are lots of hidden from view financial landmines about to surface about that time ie State and Municipal issues esp California (curtailment of essential services and entitlements). The misery will spread as unemployment rises and consumerism lurches another painful step toward its demise. It is disheartening to see a once great country implode in front of our eyes. We should all be fortunate to be able to navigate around this curse given to us by a selfish and generally ignorant congress.

Woodstock