TSX:LSG.DB - Post by User
Post by
LogicArchaicon Jul 23, 2015 12:10pm
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Post# 23952928
Gold doom and gloom
Gold doom and gloomGold doom and gloomers have always been burned in the long run. In the short run perhaps gold may go down a bit, but this is just speculation. Besides the deflation in the US wont last forever, eventually the central bank will push for policies which increase inflation like crazy, in order to try to decrease their already ridiculous debt to repay. In the long run assets win over cash, people who bought in at the highs for this stock are butthurt and bashing, but price trends aren't overtly correlated with gold price. After all common shares of this were $4 once when it was making ZERO net income. It's now making real income, and relative to the performance in past years, which btw for the gold doomsday people was much lower in 2010-2011. To the idiots speculating on gold prices please look back at past performance of the stock to end your absurd negativity. You go intermediate/long on something like lsg, stop trying to flip it you snakes.