User 280239

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  • Gold bugs, take note: A new S&P report indicates gold miners (GDX) could face pressure on their underlying credit ratings to the point that new projects are curtailed, investment is reduced and dividends could be cut. S&P says major gold miners have adequate financial flexibility to deal with low gold prices 12-18 months, but the commodities boom has added 10%-15% in production costs.  [View news story]
    I shall take my chances,gold will hold
    Sep 11, 2012. 04:10 PM | Likes Like |Link to Comment
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