chux08

What's Shaping Gold Price

"For instance, if many people sold their GLD ETF shares, that would suddenly dump a lot of gold onto the market."

Would that be the gold they say they have or would that be the gold that they're supposed to have?? It's long past time to be using (GTU) instead of (GLD) and doing the same thing with (CEF) and dump your (SLV). Retail buyers (or anyone else, really) can't buy in
"large quantities" but the price of gold rises and GLD supposedly has no problem securing a couple of million ounces or so to....balance it's books?? Hmmm.....O.K. sure. If they say so. Do I know for sure? No more than the next guy. But with....doubts like that, do I really need to??
GLD & SLV = paper gold & paper silver. That I do know....

Richard Gray on the Two Real Drivers Behind Gold Price

"IAMGOLD and their niobium mine....."

That's funny because before today I don't think I ever heard the word. But I was just reading about a historical resource estimate of that very substance at Ucore Uranium's website, where they say they have a 96 million pound resource of niobium (among other heavy REE's) at their Bokan Mountain REE Project in Alaska.
www.ucoreuranium.com/ - just scroll down to see it

Will Gold Stock Earnings Surprise Anyone?

Sounds like he's saying you'd be better off buying Yamana, Silver Wheaton or Royal Gold shares and I think his chart says the same thing. I sold my shares of SLW about 10 days ago for a nice 26% profit and then they dipped back down to where I sold em, earlier today. So guess what I bought....again? Not as many as I sold but I guess we're made for each other. I added more AUY shares today also, as well as a couple more LOW PRICED GLD ounces. It's good to be diversified....in precious metals!!
Great article, thanks!