GOLD 0.51% $1,391.7 gold futures

This is no fantastic article by any stretch , but the point is...

  1. 1,890 Posts.
    This is no fantastic article by any stretch , but the point is that the more articles like this that start appearing, the quicker gold stocks will start to creep higher ,as people become more comfortable using higher gold prices in their evaluations.

    And there are several other articles now starting to emerge on the netsphere of a simular tone.

    http://blogs.forbes.com/joshlipton/2011/04/28/are-gold-miners-starting-to-play-catch-up/


    Also , the longer the POG stays at these high levels (years i mean, not weeks) the more comfortable the major gold miners will feel in increasing dividends to shareholders. This will begin to attract even more investors to the sector , and will generate a positive move in all gold stox. Failure to increase dividends by the majors , just shows a lack of faith in sustainable higher gold prices. So it important they put their money where thier mouth is.

    Newmont's new dividend structure linked to the POG is an excellent example to other majors , who will most likely follow suit.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.