Bull,

Truly, no one can predict the future.

However, I would argue that your inclusion of Homestake's chart from the 1920s to 1940s is a bit of an apples-to-oranges comparison. Homestake was a major producer in that time period. Kimber is a junior exploration company today.

I believe that is a significant distinction because a panic/collapse would likely see a credit crunch as the 2008 example, starving a junior exploration stock of the financial ability to become a producer.

I believe the best scenario for our interests as Kimber shareholders is a muddle-through economy that produces stagflation as in the 1970s. Governments globally will run the metaphorical printing press and eventually produce huge inflation. That's what I'm hoping for. If the financial wheels begin to lock up again, a quick, steep decline is likely in the short run. In the long run, I believe we should be OK, though.

Goldcarp