Hopefully the expiration of the Crimex futures and options contracts at the end of this month will work it manipulated magic and give us a gift of perhaps at 5%+ drop. Taking gold down to 850 and silver down to $15.60 would make for a grand entrance point before they scoot.
Up the ascent to perhaps a $1200 ledge and $20 bivouac for the respective hardy mountaineers.
The stocks still seem to be questioning the leap of the metals. I am waiting before I enter long in a few selected producing jr's or those nearing production. Also considering which uranium plays to pick-up. They are generally being given away.
Last but not least - arable land will be the most treasured for of capital in the near future. I am betting huge on it - and I recommend you do as well.
Now I have to go pick up my tractor...
Thursday, January 24, 2008
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