KRM 2.94% 3.3¢ kingsrose mining limited

gold price falling, page-3

  1. 7,501 Posts.
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    The fundamentals for gold still look good and as long the USA and Eurozone
    face massive debt there's not much worry.

    Eventually both the Fed & the ECB will have to print massive extra amounts of
    paper which over time will lead to chronic inflation, which, in turn will make gold shine even brighter.

    The current debt mountain will likely take a generation to demolish and
    while gold may have its volatile moments, over the longer period, it is likely
    to slowly appreciate in value.

    Small goldie companies such as KRM should be making forward estimates
    of EPS based on their forecasts for the POG. After all that's the business they are in and they ought to be in a much better position the forecast profits than is the average retail investor.

    We are now due an ann re Telang Santo
    Cheers
    Moorookamick
 
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