Argonaut Gold Inc ARNGF

Imagine if this GONG shows next act is gold crashing??? lol

[crazytimes]

I have no idea if gold will bounce again or continue to fall! But really wouldn't mind buying some Alamos at $15 or less now that they are getting such a great mine for pennies on the dollar! lol. Just for reference that would put AR stock pre closing based on the ratio plus spin at around .30 cents! lol. Just my opinion.

[okgonow]

well the market has decided to have another little sh..t on our doorstep to finish off April and where POG is concerned Asia is still buying the yellow stuff and here in the west they seem to try as hard as they can to beat the price down.  who will win? if i had to bet ill put my money on the guys to the far east of us

[crazytimes]

ok...you might be right, but they also run fast and hard lemming style over there. Major momentum traders to the upside, and downside magnified by the huge population numbers. Just look at the current unreal collapse in much of their real estate market, once only thought to go up! Not many over here are aware of it, but if you are bored look it up, devastating situation in some of the major cities

[psych01]

Evergrande a good example;  communist dictatorship, what could go wrong, fake capitalism/free market ---where was Jack Ma for months and months?  the buck stops at the Politburo and they will do whatever it takes to jack up their fake system, hopefully that includes buying more gold.       As to Alamos and AR---Alamos down .67 last look, AR flat---people still perceiving

[crazytimes]

psyc.. if you really want to see something nuts check out the fire sale deals in segments of the US commercial real estate market! 75% off sale! lol. Losses in the tens of millions per property in a year or two!  Again something thought to be a safe haven! The fed is on deck to complicate things. So far gold seems to always bounce, it has done it so many times everyone is conditioned to

[psych01]

Plenty of problems all over the place and at every level of economics and politics--inflation persists in being stubborn, anybody going to supermarket knows how they're using inlfation as a green light to gouge, downsizing package contents etc. so we'll be lucky if Fed even lowers once this year.  As to gold, I'm cautiously confident, just too many crazy situations, dangerous

[okgonow]

absolutely aware of that situation.... the whole sort of capitalizm thats happening over there is not really working so well the investors are still learning about the ins and outs of how the whole thing works, hving said that what is the one thing in the world that people move to when stuff like that happens, what is the one thing that has forever and a day preserved peoples nesteggs.   what