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Message: Re: Excellent commentary!
7
May 05, 2012 11:01PM
7
May 05, 2012 11:54PM

A very good article. Examine these extractions also:

"The downside risk from the current price levels is minimal, the upside is huge."

And, “Investors must be selective. The objective should be to own companies with high quality projects that will become takeover targets. Management is critically important. Companies that have cash are in a much stronger position than companies that will have to raise cash in a bad market."

Remember some posters thought perhaps Lori was raising too much money? Her response was that it was a good time to finance and it might not be a good time later.

(I didn't see anything in the article to encourage complaining about drill results.)

I might add one topic that wasn't touched upon, that being related to interest rates. It is impossible to continue printing fiat money without the system eventually imploding. Interest rates cannot remain this low, and a higher interest rate on massive debt eventually will cripple the US and most of the world's governments, greatly threatening the US dollar as the world's reserve currency, just as the Pound Sterling did after WWII. Nothing worse than an inflationary depression!

I would guess the next two weeks are critical for silver either going down a bit more or starting to gather steam regardless of the manipulation by JP Morgan and his masked riders.

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