NGF norton gold fields limited

Yeahbear I agree we are approaching another financial crisis....

  1. 1,152 Posts.
    lightbulb Created with Sketch. 15
    Yeahbear I agree we are approaching another financial crisis. However the jury is still out on how gold will react during this crisis. If the first wave of panic was a couple of weeks back, gold reacted well and so did gold stocks. I think this was a great sign and I am definitely far more confident in the gold sector after what happened a couple of weeks back.

    If the next crisis (the ongoing crisis) causes people to move into gold, we will see higher gold prices and a company like Norton will become irresistible on a higher gold price.

    It was my understanding that gold stocks faired well during the great depression, however I could be wrong. Having said that, this is a different situation now with different factors in play.

    The thing about a long time. Is sometimes a long time rolls around into the now time. Anywayz, time will tell how NGF will fair. Lookin good here I reckon, but certainly not expecting fireworks.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.