Re: Tyhee's Agoracom Forum: Fair and Balanced.
in response to
by
posted on
Oct 07, 2008 07:03AM
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"However, what we are seeing right now is that people can't get physical silver and gold coins and its as cheap as it has been in a while. What we are hoping for is that if people can't get physical, they will buy the ounces in the ground held by our juniors.........."
I'll be honest I havn't kept up with the shortage story, but I'm guessing it is temporary and has more to do with refiners not gearing up to retail investment, is investment/Comex gold in short supply?
For people to buy juniors it will take the investment community to look at the majors again in a new light ie as a source of liquidity, a profitable gold mine will be a viewed as a money making machine, combine that with lower input costs and all gold investment will get rerated and will attract new money