GOLD 0.51% $1,391.7 gold futures

"the beginning of the end for the gold shorts", page-11

  1. 6,548 Posts.
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    like pisces l am certainly no gold lover.

    Was an avid fan and trader in both AVO - Avoca & LGL- Lihir, both quality companies both sold for very very little for shareholder benefits. Both struggled in the price range $1.00 - $2.00, very cheaply.

    l am amazed how little has been spoken about recent events (circa 08/09) when our mining industry was in dior straits and how quickly we recovered & boomed?

    What's different now?

    Back then in 2008, company's where tightening their belts, projects were placed on care & maintenance, staff sackings, projects cancelled, even whole towns shutdown, and the media were reporting its all over.....

    Then a very surprising boom occurred, copper recovered etc. etc.

    As this is only my second boom & bust, looking forward to seeing how this plays out.

    cheers





 
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