RE:RE:Gold price not being followed by share price.goldanalyst wrote: gold price risng because central banks (mostly in the east) are still buying
gold stocks aren't keeping pace because investors rely on cheap money to buy spec stocks. Hard to buy gold and other spec stocks when money is expensive.
eventually FOMO will come back and some of that cash collecting 5% in bank accounts will make it's way back into gold stocks....
look at uranium stocks....FOMO is ripe
At some point gold shares will get revalued many of the majors are already making good money and paying dividends with clean balance sheets once it becomes clear profits are increasing along with the gold price they will get revalued also with the coffers increasing with cash and resources being depleted daily they will begin to look for acquisitions and partnerships to keep thier feed supply of gold in good order
history will and does repeat and it will this time as well NFG is in a great position going forward
no matter what Bucc Ek or Nozzpack say negative about NFG it will not stop history from repeating itself and newfound gold from reaching its potential