GOLD 0.51% $1,391.7 gold futures

price of gold stocks, page-5

  1. cya
    3,836 Posts.
    does it make folk feel better about themselves to talk down to people? Does it make them feel like they are better, higher more knowledgeable? Does showing contempt for other folks that dont agree with you make you feel good?

    Australian gold miners pay their costs in AUD, report their profits in AUD, seek funds in AUD, pay their wages in AUD, gold in USD could go to $100,000 but if the exchange rate has revalued with it then there is nothing net to be gained.

    You might have 100k in USD gold but if its only worth 1000 AUD then it hardly means anything to you.

    The problem with much of the analysis is that it doesnt stand up to any kind of scrutiny and if it does your so busy parroting what you read you cant make the case in your own words, you really dont understand the fundamentals to your own position, in religious terms you showing blind faith in dogma without understanding any of the theory that supports your position. It reminds me of some of those evangelical religions , or even some of thsoe fringe religions, where if you question what the priest say your a heretic and must be denounced.

    A gold miner attracts capital relative to potential return on investment, the R in ROI is the income one gets from sales in AUD, the investment is how much it will cost in AUD, if our dollar strengthen we attract less capital and develop less resources.

    Myabe a TAFE course would help on the basics of investment analysis.



    Yes AUD gold price matters to miners in Austrlalia, without personal attack try and agrue the alternative based on logic and facts





 
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