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


To: gold$10k who wrote (45042)6/26/2013 1:36:49 PM
From: Fintas  Respond to of 48092
 
Until you go to buy that GOLD presidential then prices are not discounted until you go to SELL that GOLD presidential and then you see how the price of gold has an effect.

SMILE

What you posted "It doesn't mean that prices can't go lower, but typically the cure for low prices is low prices",

shows you have a keen awareness of the market. thanks

Fintas



To: gold$10k who wrote (45042)6/26/2013 3:22:55 PM
From: Zincman  Read Replies (2) | Respond to of 48092
 
<<All miners' problems are solved by a higher POG>>

Not really. Cost inflation put pressure on miners for years... all the while POG was increasing.

Some problems are solved by higher AU as long as that rise is greater than overall cost side inflation.



To: gold$10k who wrote (45042)6/26/2013 5:05:09 PM
From: Bonefish  Respond to of 48092
 
ABX is at '08 lows and the POG is still over 1200. That's anticipation.