RE:RE:RE:RE:Gold spot green overnight again...it is because of people like you selling. once they have sold, they cannot sell anymore and become potential future buyers.
the market is implying that gcm does not make any profit from the
huge rise in gold price. the market is
LYING lol
the quarterly earning reports reveal when the market is lying.
people tend to think that the market is always efficient and the share price always indicate the fair value of a company. if the market was always efficient, there would be no such thing as undervalued, overvalued, or sudden market crashes. all share price charts would be a straight line looking past the crashes. if the market was perfectly efficient, bre-x would not have shot up in price, bankrupt companies would be flat at $0 instead of being bid up by robinhood gamblers.
veteran98 wrote: Nice trade Ruffus ... I put my money into AUN not as good as BRC but sure as hell beats sitting with dead money in GCM .... not sure what wrong with GCM but market sure thinks something is not right... Gold is going to correct here pretty soon and the way GCM is trading GCM will likely get hit hard ... I will be looking to re-enter at that time but in the meantime I'm happy with getting close to a double on AUN ... congrats on your BRC ...