InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,180.74
(
1.03%
)
US TECH 100
17,598.80
(
1.03%
)
Dow Jones
38,852.27
(
0.46%
)
Brent Oil
83.37
(
-0.13%
)
Bitcoin
63,380.96
(
0.34%
)
Post# of 35715
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Bobwins

Send PM Follow Ignore
Followers 556
Posts 17434
Boards Moderated 42
Alias Born 10/21/2003

Bobwins

Re: huesos post# 34758

Wednesday, 03/25/2020 11:10:01 AM

Wednesday, March 25, 2020 11:10:01 AM

Post# of 35715
Gold is backtracking from historic one day gain yesterday. -$27 to $1608.

Longer term, helicopter money has to be good for gold. Massive deficits as far as the I can see and increasing at historic rates. What could go wrong???

So in this type of market, bigger is better. Production is better than explorcos. Will be that way for awhile until investors get greedy and opt for riskier bets on gold. That's when the explorcos will soar.

Today I'm holding a small position in GFI. Goldfields has the old traditional deep, high cost South African mines. GFI +.82 to $6.21 or +15%. GDX, representing the big boys of production is slightly positive.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up