I will hold until next year most likely as I want to see where this is all headed as far as mergers and acquisitions go with all that cash Red are now sitting on. I'm always more worried the price of gold going down rather than up until we get some interest rate cuts, which could encourage more buying. $5000 per ounce would be absolutely crazy and I would love to see it happen, I'm not going to make any real guesses myself as I don't follow the gold market enough to understand why it would go that high, other than the 20 chart for example, which is always going up over the long run. What's left of my holdings are in the hands of the gods as I have no idea what's going to happen next. But I'll wait for it.
- Forums
- ASX - By Stock
- RED
- Ann: Investor Presentation - Diggers and Dealers
Ann: Investor Presentation - Diggers and Dealers, page-172
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)