RSG 4.82% 43.5¢ resolute mining limited

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  1. 5,747 Posts.
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    I will keep my comments on other goldies
    on other threads. But I dont hold DCN.

    At this stage I take articles suggesting
    gold prices will explode with a grain of salt.
    It will not happen in my opinion.

    The global financial crisis was a one off.
    Even if it were to happen again ....I doubt
    gold will react in the same way.
    The only way I see gold heading over $1400
    is through inflation.
    The $1400 may be broken in a year or two
    But I doubt it will last.
    Gold will need over 5 percent inflation to realy get moving.
    I cant see that happening within a decade.

    Gold hovering between $1200 and $1400 will see
    Gold miners with good operations make decent profits.

    Cheers
 
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