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


To: kayco who wrote (64023)3/8/2009 5:39:01 PM
From: Claude Cormier1 Recommendation  Read Replies (1) | Respond to of 78408
 
1) I agree that the golds do not look exactly strong here. However, it is impossible to say what they will do from here.

2) RIC is a special situation. If it was priced as NGD is priced it would be 50% higher on a annual production basis. I have not done the comparison with the others, but I would not be surprised to find similar numbers.

|| I am also a believer that at present time people may run
|| for US bonds. Maybe 18 months from now they will drop the
|| bonds and really head for gold - when the money supply
|| kicks in.

Certainly a possibility. But I would say maybe 3-9 months instead of 18.