PUA 0.00% 0.2¢ peak minerals limited

the gold bulls are chasing the pog thru a$1500, page-8

  1. 1,702 Posts.
    agreed there is tangible reason to sell gold shares right now...... but everyone has their views which I respect....... snacka may end up the smartest one among us........ it doesn't look like a bubble to me...... not anything like the techs and how they rallied and not even vaguely like the U shares or the IO shares over the past few years.......... metal prices show that demand can change very quickly and that the demand-supply relationship is alive and well....... gold has different drivers of course...... none of them look overblown to me....... it's not enough to say 'all the press is writing about gold so it's toppy'....... it's more of a case that some small sectors of the press are starting to wake up to the run and the outperformance of most other asset classes.......and it's this outperformance which will gradually suck the real money traders in......... i like heg and i think pb is doing a good job...... their costs of production must fall notwithstanding the outstanding reefs they possess...... i believe it will...... and small companies like this can be very profitable very quickly.......
 
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