Orange Flash,

I do not have a big problem with twilight putting up his posts. I even agree with some of what he posts. The big disagreement was on inflation creating problems for gold miners. Costs will go up because of inputs, but so should the price of gold. The big question is which rises faster. I still think that if we have negative real rates gold will go up faster than inflation. The Americans cannot raise interest rates above the rate of inflation to try tame it. Doing that would bankrupt the country. Therefore, we should be seeing negative interest rates for a while.

Gold may not go up as fast as lead or zinc or copper. I do not know the supply/demand fundamentals of them. And China is definitely a wild card for me. I do not know whether they are for real or not. If they collapse, base metals will take a pounding. And possibly, precious metals as well.

If I knew which way China was going, I could make a lot of money. Right now, I am assuming they have an expanding economy, that will have some ups and downs to it.

Bob