^^^Can you guys cut-it-out!
So you both have an opinion...now it's time to get back on subject and stop slinging shite at each other. :|
This is probably less off-topic than the above but...
So India is trying to curb gold sales.
The Jap's will print more Yen if their currency becomes stronger.
The USA will continue to print.
The current prices of gold are...for many miners un-profittable as can be seen by the number of miners who have placed their mines into care and maintenance.
How long will miners be able to produce and stay profitable at these prices??? (I say you'll see more operations close)
How many Juniors will have the equity to continue as they find it more and more difficult to borrow?
Gold often follows Oil.......Oil is headed further above 100 bucks a barrel but could take a good drop?
S&P (INDEXSP:INX) has rallied 8% since the June 24 low.
The Elliot Wave followers of gold charts, have, for some time, said 1151USD is the target.
So what to do as a paper trader or a stacker of physical and...what about the mining stocks?
Is it true that "world" stock markets will tumble if low interest cheap money is stopped?
Is it true that those who purchased stocks with cheap borrowed money scramble to sell if the market crashes?
Is it true that precious metal prices will also take a hit "when" the stock market crashes?
Is it true that oil prices will tumble if companies produce less?
Does the printing of money make a currency stronger or weaker?
If mining companies shut down their mines, will there be more gold or less gold available or will the miners simply extract gold from the richer parts of their operations?
Is the world population increasing or decreasing?
Are there hot spots in the world that could cause a decent war?
These are just some of the questions I ask my self!