gold shares set to rise 300%?, page-2

Gold shares remain massive value imo.

In relation to the US dollar price of gold they are at 2008 GFC panic low levels. Back in 2008 gold shares were unloved, just as they are unloved today. Back in 2008 there was a 300% rally from low ball gold equity prices following a 30% correction in the gold price.

This time around gold has corrected as much as 21%.

I have seen posted in this place that gold shares "are signalling a major deflationary collapse." In my opinion nothing can be further from the truth.

There will be no "deflationary collapse" with a worldwide QE taking place.

Simple fact is when hedge funds have redemptions they must sell gold shares. In addition it is easier for the "invisible hand" to manipulate downwards leading gold shares than it is gold.

Massive physical buyers eg - China, Russia etc. have been buying all the cheap gold they can get hold of.