New Found Gold Corp V.NFG

Price of gold showing weakness

[megacopper]

The US dollar has been strengthening and gold showing weakness the last few days which hasn't been helping our cause. So I think it has been affecting a lot of the gold juniors negatively. This trend shouldn't last long with all the extra stimulus that will be pumped into the US economy. Anyways fingers crossed that the price of gold can continue on its overall journey higher to keep investors interested in the gold juniors.

[diabase1]

megacopper, the US$ is down right now, so gold should be UP???????

[megacopper]

  I was referring to the past few days. Today is a fresh day. No worries the US dollar will resume its downward trend and the price of gold will soon soar. Those who own the gold make the rules!!!

[diabase1]

Ok!! The gold horders have been ruling the planet for the last 3000+ years!! How much gold is there in Bitcoin??

[porc2019]

Hint, it's 10 year treasury yields going up, not usd

[diabase1]

Thanks for pointing that out. My error.

[megacopper]

  Correct. With such low interest rates investors are searching how to make money elsewhere. In times like these investors are moving money quickly in and out of high risk investments. Bitcoin and the crypto currency's are an example. The verdict is still out on those. Anything that can be created so easily in my opinion won't last. Gold has stood the test of time as its value