Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.
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Long way from producing GOLD, sitting of 4.1M ounces. As GOLD goes into the 2k - 4k price it will take off. As will many of the small mining corps. sitting on an undeveloped mine.
Price and value increase exponentially... I bought GOLD / AUY only 3 months ago and both up near 40%. If what should happen to fix the worldly Fiat mess, GOLD and anything GOLD or SILVER should make many a millionaire...
I believe the word was coined by Bill Bonner for sheep or herd.
And where is SSRXF registered?
2k-4k price for gold? So you're seeing gold reach prices never ever seen. Ever. Even on the low end of your forecast. And basing an investment recommendation on those prices? I'm rushing to my broker as we speak.
"Registered"? If it were registered, They could Keep Track Of everyone who ever bought or sold it! No, if you want to buy SSRXF, you'll need to come out to the ranch and pay in hard money. Come alone.
Isn't it "lumpenproletariat?"
I've found the easiest way to find out about that is to simply ask if they have any available. The answer will be evident based on how much or how little they show you. None usually means they're holding onto it and plentiful means the inverse. That's been my experience.
We’re too late, Jim. They’ve already sold 500 percent of their stock.
. IMO, Jim
Fake news from tinfoil hat wearing conspiracy nuts.
The FTC or was it SEC? Assured us all that there is no manipulation. Back when Tes Butler made a public spectacle with the same accusations.
If there was any wrong doing, it was a few rogue traders, and JPM will pay a hefty fine of a couple million.
There is nothing to see here, everyone go back in your houses and enjoy some television.
The old "high production costs or junior mining company" has leverage to the gold/PM price is a bit tattered and torn, IMO.
While I do think a move to $4,000/oz. on gold would move the stocks, unless it is happening in a compact time period, a nice up move in gold is unlikely to really impact share prices. Too many other moving parts that can negatively impact the shares as happened in 2010-12.
Not unless sustained...and it depends on what happens to the Dollar and inflation and the Fed.
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