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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
Comment by vinoconundrumon Dec 07, 2008 8:59pm
340 Views
Post# 15632592

RE: Some experts

RE: Some expertsNot likely. They sell their gold and the value of their fiet goes down even more making it harder for them to deal outside their borders. You can be sure they won't trade their gold for debt either. Look at what happened to Argentina or now some of the African countries, their gold reserve was/is zero. US is not far away from $ devaluation. Why would they sell gold to get dollars they can print. There worth less either way. Don't let anyone sell you on that silly, "sell gold", idea. You can be sure the UK is wishing they had the reserve their twit bank sold off last year at 300.
Bullboard Posts