BIG 0.00% $2.22 big un limited

in a year or two maybe, page-9

  1. 8,088 Posts.
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    Hi cb
    Would be interested in viewing that material from aurumasx as well if you can flick us the items once you have them.

    Also........ further to the item I copied from the Daily reckoning yesterday comes this comment

    (Mind you to keep a balance about this.... there are those who argue that they do not see gold going so high or going much above present levels. So that is just a little caveat before you read this)
    '''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
    DJ MARKET TALK: Long Gold An Investment Must - Trader Vic

    0404 GMT [Dow Jones] Investors should be long gold and ignore the volatility, says Victor Sperandeo, a U.S.-based money manager; "gold is traded with huge leverage all
    over the world so it is volatile." Sperandeo, an author and former trader for George Soros who goes by the nom de plume "Trader Vic", says the inevitable result of
    massive monetary stimulus in U.S. will be higher gold prices; "gold must go up. The huge fiscal deficits cannot be rolled over. The (U.S.) government will inflate, it will never declare bankruptcy." Sperandeo, who manages $3.1 billion, tips gold to reach $1,500-$2,000 in long run. Spot gold now at $958.10/oz, +$3.50 since NY close.(JAC)
    '''''''''''''''''''''''''''''''''''''''''''''''''''''''''

    So there you have it. If RAU can get a couple of projects into production by late 2010 then the economics of the operations should be very compelling if the price of gold reaches the levels mentioned here.
 
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