[LivinLOS]

As I have said lots of times I have gone very heavy on mining and exploration shares in companies that have not sold out thier forward hedge book for gold and silver..

Took some very big positions earlier this year and then made some of the biggest bets of my life in Oct with a heavier bias around silver than gold (unusual for me as I had been biasing to gold).. To say those bets have paid off would be a major understatement.. Just look at the gold price charts and then remember that the mining shares are higher leveraged than the metals prices and you will get a good idea of how the returns have been..

Personally I believe that we are heading into a perfect storm of high inflation, dollar crash, housing crash, collapsing consumer spending.. Something that may even be similar to the great depression in its severity, I think the fiscal irresponsibility of the money printing press that is the Fed pumping billions into the market creating asset bubbles in equity and real estate (that has been withdrawn and spent and sent overseas into deficits that have to be paid back) has laid that trap and dont see a way out.. Hard assets like silver and gold will shock everyone over the next 5 years.. All the data is there but very few people are reading the writing on the wall..

May we live in interesting times..