PXG 0.00% 15.0¢ phoenix gold limited

Great Buying, page-21

  1. 6,881 Posts.
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    Gold AUD$1373 +$14
    this is the live gold price in AUD$
    if pxg isn't up this week I really don't have a clue anymore.
    Lets hope sentiment starts improving in the gold sector once again.
    If the US FED announce they are leading interest rates near 0% for the foreseeable future, gold should rally, and so too should the gold stocks, fingers crossed.
    I think people are starting to figure out that the FEDs QE program to "fix" the economy is nothing more than creating money out of thin air to try and "stimulate" the economy, when people figure it out for what it really is, and sooner or later they will, gold will soar and hopefully stocks like PXG will explode to the upside too, hopefully by the time they are in full production, with minimal hedging.
 
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Currently unlisted public company.

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