re: i know i'm a gold bug ..to rabbit Hi Rabs,FWIW, apart from...

  1. dub
    33,892 Posts.
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    re: i know i'm a gold bug ..to rabbit Hi Rabs,

    FWIW, apart from confirmed bugs and the people they reach trough forums such as this, I think that very few people or businesses are even aware of gold and what is happening.

    While the POG has started its rise, gold shares aren't taking off apart from modest rises by a very few.

    IMO nothing much is going to happen with gold stocks until the general media starts to get onto gold's case and starts frequently commentating on it. I think that will only happen once the funds (particularly super funds) start buying/investing - and that requires a price above .. ?? ... (my guess is higher than $400US/oz).

    On the other hand, when that does start to happen, look out! I would suggest to also look out for "wannabe" companies that are sure to start spinning stories.

    Some people have waited 20 years for gold to come good again. Another 6 - 12 months shouldn't be all that onerous.

    But JMO & FWIW, eh.

    bye.dub

 
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