GREY:KXLAF - Post by User
Post by
mellow99on Mar 24, 2011 12:00pm
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Post# 18334647
Important factors that will effect PDG and all Gol
Important factors that will effect PDG and all GolOne of the most primarily, is the Gold price itself...since every ounce of Gold in the fround is worth that much more, and thus the Company itself.... PDG in our case....if you don"t understand this principle, then you can do the math yourself....Gold was UP $10 yesterday a new high @1440...Gold continues today UP about $9 @ $1448..Very respectable GoldmanSachs analysts said a few days ago, that Gold was headed for over $1500 or higher,next month....so far he is right' but I am of the view, that Gold will go much higher, for the iincredible crisises, that the entire world in under, and they likely will NOT resolve themselves, but rather create even more crisises, especially to world economies...which translates into much higher Gold prices, as the populations lose confidence in most all paper currencies, and turn en mass to the only SAFEKEEPING for their paper/wealth that is GOLD!!!
This is not happening over night, but over time....Got your Gold?...PDG now @ 45.5 and going much higher IMO.....
M99