Gold touched $1800 today. I saw a headline today that shorters lost bigtime shorting gold. Even though the markets are scary and maybe a lot of stocks will go down if the unrest continues, I have a feeling that the little explo gold companies, along with the mid teirs and large cap, may gain. What is happening now in the markets is a little different to the usuall uneasy, and it may be different from a usual bear market, IMO.

I beleive a statement I made awhile ago, that it doesn,t matter if our sp is at $1, the POG may dictate the value of our potential deposit, leaving the variable of the sp, out of the equation, helps explain what I am saying.

Here is a commentary on the POG.

http://www.kitco.com/reports/KitcoNews20110810AS_pm.html