GOLD 0.51% $1,391.7 gold futures

is the selling momentum running out of puff, page-14

  1. 2,739 Posts.
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    atlunch

    chiefjoseph and I hold a couple of junior gold stocks that should cope with prices considerably lower than AUS$770/oz, they'll still be quite profitable when they ramp up production.

    Until then they should be increasing their resources anyway .. more gold in the bank.

    so if the worst happens (I'm comfortable with AUS$770/oz being the worst) I'd be looking to average down by adding more shares.

    just tell me when we're at the worst point.

    I'm just going to relax till then knowing that I've chosen well.


 
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