Re: It's over..
in response to
by
posted on
Oct 05, 2008 08:14PM
Creating value through Exploration and Development in the Sierra Madre of Mexico
Mike, From a fundamental standpoint, it makes absolutely no sense where we are. I know that. You know that. But, in times like these, who is concerned with logic or fundamentals, right? It's all about confusion, potential panic and human psychology. And human beings, like animals, injured or backed into a corner can do some pretty unpredictable things.
Could Kimber go lower? Sure. I can't think of a price low enough to get me to sell, however. Not in this market. Not with this company.
There is a game going on. And I do not intend to be the patsy. I don't understand the rules of the game. I'm not sure who is doing what, but I do know this... Certain mathematical laws apply to the universe. Certain actions, once set in motion, must flow to their conclusions. A sequence of notes, once played in a certain pattern must follow that certain pattern to a synchronized finish. And I know what that finish has to be, ultimately.
This gives me a type of fearlessness, a type of faith that cannot easily be shaken. My only concern is timing. If I were to fear, it is that I am right but too early. But the price of gold rising speaks to me, telling me that this is not the case.
There has to be an inverse relationship between the money supply and the value of gold. If this relationship does not hold, then logic does not hold, the most basic tenets of supply on demand do not hold. I do not believe these breakdowns are occurring or will occur.
Kimber is going to move in its own time. The big move will be associated with the gold price and big buyers moving in. Hardly anyone, including the people in the industry understand that this move up in gold is for real; it is for real.
The dollar is rallying because a huge number of confused people are going into the dollar. The more people want something, the more it goes up. It has no value except that people want it right now, but those same people are going to flee from it when they realize it is a dying currency, and I just can't think of anywhere where they are all or at least a large number of them are going to go except gold and silver.
Also, company specific release are not going to move Kimber. The big buyers are going to move Kimber. You will see. They will show up when people least expect them, and things will start flying. People will be posting all kinds of speculation on this message board about what is happening, but what will be happening is that they will be coming into the game. You need to be in this stock before that happens. Bull