GOLD 0.51% $1,391.7 gold futures

manipulations not markets, page-57

  1. 3,368 Posts.
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    "A lot of idiots are talking about shorting etc... These type of buying opportunities are a godsend"

    Precisely, but one needs to be selective. I raised Kinross earlier... March quarter earnings of $250m, which rises to ~$400m if $1500+ gold holds. Investing their cash flow to double production particularly the low-cost Tasiast deposit in Mauritania (1m+ oz annual production). Earnings will go through the roof... so the share price will take care of itself. And this is just a major I'm talking about... huge potential leverage to CURRENT gold prices in the next 2-3 yrs.

    Rowingboat
 
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