GOLD 0.51% $1,391.7 gold futures

gold vs shareprice, page-2

  1. 226 Posts.
    "price of gold is not rising.....the dollar is falling. More dollar costs to extract gold.....less profit because of inflation. This way the gold price may rise but gold shares may fall."

    Let's extract this one by one.

    1. price of gold IS RISING. What on earth are you talking about?

    2. "Dollar is falling". What dollar? AUD? Then higher gold price !!!

    3. "More dollar cost to extract gold"? Do you know what are the major costs of extracting gold? It's oil. Look at where oil is now. Still more dollar costs you're talking about?

    4. "Less profit because of inflation". Dude, what on earth are you talking about.

    5. "This way gold price may rise and gold shares may fall".
    Ok you've contradict yourself right there. And how on earth can company "producing" a "rising price product" be falling?

    It seems you can't even get basic economics 101 right yet.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.