Nice post 71c4. Agree in the medium term MYG will pay multiples & I mean 10 fold. If you stick to low cost producers you can't go too far wrong as long as they aren't overvalued at the time of buying. If gold goes to $500 then the whole gold mining industry is stuffed not just you & me haha! The developing world loves gold & is buying & all I have to keep reminding myself of is that there is around 2/3rds the world's population that is growing richer & loves gold. that's good enough for me!
myg share price and gold price - 5 yrs chart, page-12
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
