RE:RE:RE:RE:RE:RZOCKS and Stocks Newsletter on Gold Price Action on FridayYes, agree. ..China may well be posturing. Like bargaining on a car price.
Bottom line is gold price fluctuations are not material to the price of NFG. The price of gold is generally stable and at least inflation adjusted....more likely is that hold is in process of being revalued upward, possibly a lot.
NFG will make huge cash flow regardless of the price of gold. The higher gold goes, the more incredible NFGs cash flow will likely be.
In fact, if gold goes really high, that's a risk for govt confiscatory taxing, arguing windfall profits.
Bottom line, NFG stock price shouldn't be effected by daily moves in tge gold price....I suspect Lul Shorty uses daily gold price to assist in their manipulative tactics, and using daily fluctuations in gold as cover story.