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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (12448)12/9/2009 5:23:58 AM
From: kayco  Read Replies (2) | Respond to of 48092
 
Last night as I was "listening" to Bloomberg TV there was some one on saying he was looking for $1050-$1075 as entry point. Did not catch name. For what that is worth.

If market takes a hit because of another financial crisis, gold goes with it.

ABX and AEM are on now my negative list. ABX has indicated incompetence for too many years and now you have their $500 million mistake. Who spends this amount hoping to ram a project through. Management is living in the 19th century.

Not a believer that mines running out of gold has any thing to do with price of gold today. Sounds like the hustler salesman on TV saying "Do you own gold". Yes the world may be running out of gold, but nothing to do with price today. If you have 20 years, fine.