OTCQX:GTBAF - Post by User
Comment by
IvanHoe86on Jun 30, 2020 11:23am
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Post# 31207741
RE:RE:RE:Some world's largest insti investors still don't get it...
RE:RE:RE:Some world's largest insti investors still don't get it...Gold doesnt yield...Gold Stocks do when Hyperinflationary macroeconomic environments exist.
Gold has been used by Central Banks to hedge this since Nixon removed the gold stanrd from the Greenback.
The value of Gold is based on quantities x Commodity price, it doesnt yield a dividend while organizations who mine it can.
Whats the point of this? To scare some noobs into selling so you can get back in at .50c lower and stop feeling the FOMO?
Thats like hey, I see your stock is doing really well, I never post here but heres a bit of misinformation to try and move the needle down a cpl bps...