the smart money will be enlarging their positions in physical gold and silver ... yes you can expect them to get knocked down in the downdraft of a shaken market as defaults occur, and since that will also be true of PM stocks, the question you should ask yourself, is do I trust the management of the company should the market lop off 50% or more as much as I trust the pure simplicity of owning the physical commodity. After the knockdown of the market ... divest yourself of some of the PM's and favour the good PM producers/explorers still standing.

your winning strategy, if you believe hyper inflation is inevitable, government default and potential currency failures are likely and excess credit and risk taking still exists.

orgy