TSX:LSG.DB - Post by User
Post by
farmboy75on Jan 13, 2016 7:16pm
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Post# 24456033
Gold 2,000.00 soon
Gold 2,000.00 soon
Well maybe in Canadian dollars. Currently sitting at 1,571.00 Canadian. If the looney keeps falling we may yet hit 2,000.oo Canadian, which would help Canadian mining companies as wages and mine supplies are paid for in Canuck bucks. But as consumers our dollars don't buy much in trips to Florida or fruits and veggies, so our miners are making lots of dollars , but they just cant buy much with them,as the rest of us also. One bright spot being those of us with mortgages will have an easier time to pay them down if LSG appreciates greatly. We certainly live in interesting times.