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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Nevada9999 who wrote (123543)7/16/2008 1:23:57 PM
From: Rocket Red  Read Replies (1) | Respond to of 312694
 
Gold is controled by banks and governments not like other commodities were they have no control over it



To: Nevada9999 who wrote (123543)7/16/2008 1:27:52 PM
From: tyc:>  Read Replies (1) | Respond to of 312694
 
>>"I don't believe there are many undeveloped gold deposits out there that are worth messing around with if gold goes below $800"

There may not be many, but there are a few. One comes to mind whose feasibility study indicates over 200,000 oz of annual production with a negative cash cost after base metal credits.(from memory) (It's trading for pennies)



To: Nevada9999 who wrote (123543)7/16/2008 1:44:00 PM
From: re3  Read Replies (1) | Respond to of 312694
 
<<<This is looking more and more like the situation in 2000.

what about this factor though ? as far as i remember, in 2000 there was only one closed end fund that held some gold, now we have ETF's...