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<p>[QUOTE=&quot;desertgem, post: 1250278, member: 15199&quot;]Reading the various threads, it seems that the majority are watching and basing their opinions on the idea of future happenings on spot price of gold alone. A gold bull market has been going on for years, but only this year has the fallibility of almost all foreign financial systems come into play, increasing the POG way above its normal average monthly increase. Thus my point about a bubble ( due to financial default possibilities ) that is beyond the bull market rate of gold. I can easily see a drop of several hundred dollars and still have a bull market occurring for the next several years until the world&#039;s financial systems stabilize. </p><p><br /></p><p>Many on the forum states they are &quot;Long term&quot; gold believers, with such as &quot;holding forever&quot;, , or &quot;will leave as inheritance&quot; , etc. But if so, why&nbsp; don&#039;t any post about the stock in gold producers if they are looking so far in the future. For example, GG ( Goldcorp), as most companies usually report results only quarterly. This quarter, they reported that due to a forest fire in one mine area, and flooding in a different area, that their revenue would be about 6% less for next quarter. This was with gold at $1520 and oil at near $100 br. Their stock has hammered by about 6%.</p><p>Now just about 1 month later, gold is at 1870 or so, oil is $83 br. Their price of production was about $500 oz, but much of that was recovered in the high price of copper and silver at that time. Now that oil ( one of the biggest expenses) has retreated by 20%, and gold has increased by 20%, and the 6% production should be back by next quarter, why do not more long term gold people watch these companies. If silver and maybe even copper goes back to the previous levels, the gains could be even more. </p><p><br /></p><p>The old saying &quot; only physical gold is real&quot; are pulling their own hats over their eyes if they do not consider some of these companies. Companies are pulling real gold out, and this real gold will sell basically at real gold prices. They are under priced at the time ( IMO) because they are still being judged on gold at 1500 level. And most physical gold people&nbsp; said they wouldn&#039;t sell their gold anyway.&nbsp; I know there are several heavy posters who will reject this out of hand due to the &quot;physical in hand&quot; issue, but I thought maybe for the investors, this might be useful. There are other producers than Goldcorp that is in similar situations due to reporting every 3 months rather than spot every minute <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>I do not currently own GG.&nbsp;&nbsp; </p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>

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