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Ruby Creek Resources Inc RBYC

Ruby Creek Resources Inc. is engaged in developing a gold property. The Company's project includes the Gold Plateau Project. The Gold Plateau Project consists of property, which has artisanal gold mining activities. The Gold Plateau Project is located in southern Tanzania approximately 150 kilometers north of the Mozambique border. The Gold Plateau Project consists of around 15 properties of prospective gold mineralized territory. The Company has mining and processing equipment onsite and additional processing equipment. The Gold Plateau Project is situated at the eastern margin of the Selous Basin where the Karoo and young sedimentary rock are in fault contact with low to high-grade metamorphosed rocks of Neoproterozoic age belonging to the Mozambique Belt.


GREY:RBYC - Post by User

Post by Yukon_Corneliuson Sep 19, 2011 10:33am
90 Views
Post# 19057020

Anomaly or the new norm?

Anomaly or the new norm?I have noticed recently that the price of spot gold has not been moving inverse to the Dow/S&P. I spoke to a friend of mine about this on Friday. He's been a trader at the CBOT & private firms now for near 30yrs. He presently trades currencies for the most part. He says they are now their own animals and he expects them to stay that way going forward. We shall see. To that point, we will also see what QE3 brings if it happens. Interesting times.
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