GOLD 0.51% $1,391.7 gold futures

late means just that.So far gold has exploded from $300 a few...

  1. 1,218 Posts.
    late means just that.
    So far gold has exploded from $300 a few years ago. Over 500% up.
    For it to do that again then gold would have to go over $8000.
    How much would a well regarded 2c gold explorer be worth in that scenario?
    Probably more than 10c which is all it has to reach to match the rise in the price of gold.

    Do the math. An equivalent holding comprising a one cent and gold bullion. The stock that goes to 2 cents is as valuable as a holding in gold bullion bought at $1700 and sold at $3400.

    Do the math.
 
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