HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Re: Gold $1,382.00 - Would it NOT be nice to have some BIG news from JJJ now?

The 'boom' in gold is mostly from US dollar deprecieation and little from fundamental price rise of gold. However it is also rising a bit in other currencies ( most of them also Fiat), so it is not all US dollar based. Gold is the real money, silver secondary, all rest are just promissory paper.

The excitement is due to the potential of resources being higher priced in those fiat currencies so it means stock prices have to rise to catch up. Question is when and how much.

You are missing a lot. To get some of the low down on gold read up old posts of Jim Sinclair. I receive daily commentaries from him via e-mail - they are free.
Also consider, also free, news letters from Chuck Butler on general economy and financial markets.

Share
New Message
Please login to post a reply