John Doody: A Winning Situation for Gold Stocks [View article]
I liked your comment but don't believe Crammer, he's all over the place on everything.
On Jan 21 05:22 PM ED K wrote:
> The trumpeting for gold continues.I've been hearing this for months > now and have not seen it materialize. > > When it hit it's high Cramer said it was going to $1600.00 an ounce > shortly thereafter it lost 25% percent of it's value,recently it > was citigroup saying $2000.00 an ounce. > > The gold producing companies stocks have been hammered and gold seems > to have been range bound. > > I believe gold stocks have upside but only because they are priced > so low.The price of gold on the other hand could go either way depending > solely on the direction the economy takes.
3 Gold Miners That Stand to Sparkle from Growing Demand [View article]
It seems to me that if gold is rising in price that it would be more efficient to buy a gold etf such as gld. You don't have the worries of the risks of trying run a profitable company. Isn't gold that is out of the ground worth more than gold in the ground?
John Doody: A Winning Situation for Gold Stocks [View article]
On Jan 21 05:22 PM ED K wrote:
> The trumpeting for gold continues.I've been hearing this for months
> now and have not seen it materialize.
>
> When it hit it's high Cramer said it was going to $1600.00 an ounce
> shortly thereafter it lost 25% percent of it's value,recently it
> was citigroup saying $2000.00 an ounce.
>
> The gold producing companies stocks have been hammered and gold seems
> to have been range bound.
>
> I believe gold stocks have upside but only because they are priced
> so low.The price of gold on the other hand could go either way depending
> solely on the direction the economy takes.
3 Gold Miners That Stand to Sparkle from Growing Demand [View article]