TDC, being a long-term speculation, is at the mercy of geopolitical and economic events which may occur and of which we have no control.

I am referring to the "Occupy" movements wordwide. At the present time, their energies are being directed at the wrong "villan". Instead of targeting the corporations and financial industry they should be solely directed at governments who give them their power.

If governments are effectively serving the people we would see a massive restructuring of debt (currencies). Government treasuries would be able to issue debt free money and the need for Precious Metals would decline. They would still have value but the money in circulation would contract as would the standard of living in the developed world (not a bad idea). Prices would stabilize (Gold included)!

Interest rates set by the market, not by a manipulative Central Bank cartel, would decide what projects are feasible. Resources would not be squandered under this scenario. True market rates and fiscal sense would not have allowed the recent overbuilding of residential and commercial real estate.

We can only hope that the "occupy' movement does not fully understand what has gone wrong the past 40 years.

I am still long TDC. I am a 1%er with respect to TDC and according to those in the "occupy" movement. Luckily I blend in with the 99%.

As always, I remain an observer of the human condition. Great entertainment value!

Woodstock