OTCPK:KRCLF - Post by User
Comment by
MaterialsManon Nov 29, 2023 4:10pm
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Post# 35759568
RE:RE:Gold above $2,000.00 per oz...........
RE:RE:Gold above $2,000.00 per oz...........Woudn't we all like to see KRR go to $15.00, and the sooner the better.
There are a lot of publicly traded companies out there that are making money hand over fist. Many are not being recognized by the investment community.
I believe that in order for Karora to make a move like what you are suggesting the price of gold needs to continue a steady upward climb.
That is what it will take for investors to embrace the gold mining industry. My concern is whether there is a catalyst waiting in the wings to move the price of gold. Or, maybe there is a catalyst already in place that has been overlooked.
Fear of missing out would keep the ball rolling big time. Plus, gold probably needs to be recognized as being more valuable than bitcoin in the long run, although they may have to coexist.
It would be interesting to know what percentage of investors hold bitcoin vs. gold in their portfolios.
Tavi Costa just did an interview with MM on Kitco. He provides myriad reasons why he feels that gold has a promising future. It's enough to get you kind of pumped up.