GOLD 0.51% $1,391.7 gold futures

Averagejoe Re: your comment below. Many on this forum have...

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    Averagejoe

    Re: your comment below. Many on this forum have clearly understood that the AUD gold price is not in a bear trend and that selected Australian gold shares are very profitable. Thus investors buying RMS, SBM, NST and SAR aren't "bottom picking" just buying stocks on a gold price that has rallied.

    Personally I was happy to see RMS hedge another 20% of production at a gold price that allows for significant profitability.

    "I see some here are bargain hunting gold stocks, that is in a bear gold trend they pick stocks clearly carrying s dead weight chart wise. What are the chances for reversal in the gold stock unless gold price reverse?"
 
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