GOLD $1533 SILVER $27

Everyone wants to play the fortuneteller when nobody can predict the future. We had a run up to over 1900/oz for GOLD and many people said GOLD would hit $2500. I listened to the recent Sinclair audio and he says we're going to $4500/oz. He isn't GOD and it is one man's opinion.

Hopefully, PQ isn't sitting on the gold praying for $2500/oz, that day may never come.

What's the good old saying. Yesterday is a cancelled check, tomorrow is a promisary note and today is cash on hand.

I could recall when GOLD was $800/oz and every gold enthusiast was as happy as a pig in a mudbath.

Gold drops from a high of 1900/oz to 1500/oz...many people are selling shares off. We have to back up the wagon and look at the business model of SFMI...SFMI was happy with $650/oz for gold.

The dollar is rising in value..one reason might be the Euro is collapsing. Obama wants to add another 1.2 trillion to the debt which the GOP will accomodate because it is an election year cycle. Over 100% of our GDP goes to paying off the debt. Greece is at 150%.

What will happen to our future currency and gold prices is anyone's guess. I have to look at the cash on hand as the reality.