Letitfly,

(Whether or not to pay for newletters, not withstanding), there remains the question of Doody's thinking that "gold isn't going up this year (muich)"...

If Bob Hoye were to respond to Doody, my guess is that he'd say that, even if the nominal gold price has already hit this year's high, the "REAL" price of gold has not yet peaked. And, as the "REAL" gold price will continue to rise this year, gold miner's earnings will increase significantly.

In the case of the explorers, their gold in the ground valuation will dramatically increase as the big boys buy out the little guys who represent the best way for the producers to increase future production.

Bob Hoye's been consistent over the last year or so, on Howestreet.com, with his contention that gold sector, especially the explorers will party very hardy this year! And, that it will be significant rise in the "REAL" gold price that will be the reason.

Cheers,

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