GOLD
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0.51% $1,391.7 gold futures

china launching gold backed worldwide currency, page-25

  1. Tetlom
    1,484 Posts.
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    09/09/12
    19:26
    Post #: 10692859
    Wish I could be fixated and rigid in my belief - I am nervous as hell.

    I just cant understand how underpriced some of these gold stocks seam, I just cant help myself, I may get slaughtered, but if Gold holds above 1,500 I will be free carried in half of them within 1 year I reckon - maybe 3 months if CB's aren't shooting blanks.

    The numbers don't make sense when 1st years production = the MC in some cases, if I am not mistaken there will be a rush into Gold Stocks that will swing to over-bought.

    Gold over 1,500 is not a certainty, but it is hardly unrealistic.



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    lightbulb Created with Sketch.  Great analysis
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