Newcomers and others to this forum, I suggest you be very careful about the dubious posts of SB2000.
This character joined in December 2003.
SB2000's posts persistently show a lack of understanding of how stock markets and shares move.
Eg. SB2000 keeps arguing that the Australian dollar price of gold is MORE IMPORTANT to our gold miners than the US dollar gold price. That is blatant rubbish. I have asked SB2000 to put up or shut up.
But SB2000 won't put up and won't shut up. SB2000 cannot show that the price of our gold miners was higher when gold was US$300 with a more favourable exchange rate.
Any sensible person who inderstands how markets operate would know that a gold price of US$480 and an exchange of 80 cents would result in much higher prices for our gold shares than a gold price of $300 and an exchange rate of 50 cents.
BUT NOT SB2000. Follow SB2000's comments VERY MUCH at your own risk.
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