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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Aragorn1968 who wrote (2719)12/5/2005 1:40:34 PM
From: Zincman  Respond to of 78418
 
yes- very disappointing. No one knows exactly if they will take off again...
In many cases, good news is being sold off.
It's a tough market for sure.
ZM



To: Aragorn1968 who wrote (2719)12/5/2005 3:20:58 PM
From: grusum  Read Replies (1) | Respond to of 78418
 
a coupla years ago i estimated that my PF would be AT LEAST three times higher with $500 dollar gold. instead it has barely budged.

i think many people are still scared and skeptical of the gold market.

one thing people worry about is higher energy and materials costs... i say, SO WHAT?? obviously if you can't get the gold out of the ground profitably, it stays in the ground. but i think even without inflation or currency devaluation, someone would want the gold out of the ground and pay a higher price for it.. quite willingly. will the gold stay in the ground? i doubt it. it will simply become worth more to get and increase in price. no matter what, there will be a price that it becomes profitable to mine.

then when the public finally want to participate for whatever reason, the move in stocks that have the gold in the ground should 'explode' or "to da moon alice".. i believe that day is coming and i don't want to miss it. in the mean time, perhaps we can wring a little profit out of them them along the way.. perhaps..