gold is so fecking expensive to get out of the ground at the moment because of oil prices. gold may be going up because of demand but so is the cost of extraction. Thats why gold stocks haven't moved as much as oil stocks. When you get a chance have a look at the gold to oil ratio. At all time lows and no sign of getting of its knees as yet.
- Forums
- ASX - By Stock
- who has 19% interest in chinguetti?
HDR
hardman resources limited
gold is so fecking expensive to get out of the ground at the...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
BOE
Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo