InvestorsHub Logo

value1008

11/11/16 11:41 AM

#32854 RE: Traderfan #32853

Yes, TF, not only over the "uncertainty" of a radically different kind of administration, but also the likely fact that his policies will be inflationary-- which should be a boon to gold prices. What's even weirder about all this is that smallcaps and microcaps have been flying, and one would think that GDXJ would get more support from this buying....

checkmate28

11/11/16 11:44 AM

#32855 RE: Traderfan #32853

Traderfan. LOL I came here to post the same thing. GORO getting roasted. Thats OK Im in for the medium term at least. As to GORO, anyone invested or thinking should go to the website, and listen to the conference call with questions replay. Note the 4 new sources of revenue on the way, and the sources for the CAPEX for the new properties/development work. Note that Arista carried GORO to $31 per share a few years ago and paid .72/ share yearly divy to lead/nearly lead the sector in yield over a couple year period.

Anyone with a good write up, on whats driving Gold, from a reputable source, please share that and your opinions. My favorite source, Avi Gilbert did recently print,

we could easily retrace before we immently run to new highs

and just weighed in on Trump factor. Bob Moriarty has been publically quiet.

http://www.marketwatch.com/story/looks-like-gold-may-have-been-trumped-2016-11-10

http://www.marketwatch.com/trading-deck/stories?authorId=14296