Re: Citygroup says $2000 gold and JP Morgan now a GOLD BULL
in response to
by
posted on
Nov 30, 2008 06:53PM
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"When gold went from $600.00 to $1000 ... what did that do to Tyhee's shareprice?"
a more relevant question : gold is now at $800+ and where are tyhee's shares now?
all i'm saying is that gold price alone does not, and should not, determine the value of the company.
the company's ability to generate sustainable cashflow determines the value of the company.
if people here want to speculate, that's fine.
i'm just trying to keep things real here.