Better Bargain Basement Opportunities Immediately Ahead

Deliberations on World Markets
"Just as I worry about a US$ rally taking gold down closer to $800, I also worry that the miners shares continue to face S&P crash risk. If the current S&P rebound reverses into a brisk decline to a lower low, which I think likely, the gold shares are likely to be taken down hard with it. That is where a better bargain basement opportunity should develop in the days/weeks immediately ahead." (5/7/08)

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