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Yamana Gold Inc. AUY


Primary Symbol: T.YRI

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.


TSX:YRI - Post by User

Bullboard Posts
Post by susanuon Oct 12, 2008 2:08am
439 Views
Post# 15521740

Question re Gold price upon US $ rise

Question re Gold price upon US $ rise
Looks like the US may get their money soon and the Fed may disappear.

https://www.worldreports.org/news/177_german_finance_minister_ambushed_over_settlements

(This will be a great relief for the American people and should settle the world markets down.)

What do you all think will happen to the price of gold upon the release of this money into the U S Treasury?

As production of gold has been going down for the last few years and costs to produce are up, even if the U S dollar goes up, do any of you think gold will stay at this level or go higher?

Bullboard Posts