Fury Gold Mines Ltd FURY

A Rising Tide Will Lift All Boats !

[BullionGirl]

Gold closed today at $1816.80 up $24.20

[montydog]

Picture the scene - sometime in the next month or two... Inflation recognised to be no longer transitory.  Gold breaks current range bound resistance levels.  GDXJ, which has been losing ground vs gold for so long starts to revert back relative to gold.  Fury actively participates in the forthcoming Fall conferences such as Beaver Creek. Tim Clark widely impresses and the

[BullionGirl]

A big hit at Committee Bay is all it would take !

[GoldenOrb]

For me it's all about the drill results, period. The constant window dressing is fine, but  we have seen the results of just window dressing. Videos & conferences are moot without substantial drill cores, no matter how top grade the team is.  Right?  

[montydog]

Of course you're right Goldenorb. But then again.... if an investor is in the market to invest in an early stage explorer, and there are thousands of those to choose from - then things like - quality and credibility of the team - their track record - the roster of big-name backers - ability to raise capital effectively and smartly - a geological rationale that makes sense - ability to

[JustMoney34]

Monty great points and I hope we all can at least get some good bounce off these lows because lets face it at some point the fed will have to admit inflation isn't transitory and real.  The ending result will be they have to raise rates and cut back on tapering which sucks for gold.  Lets not mention that we are way overdue for a big market correction at these p/e ratios on companies

[montydog]

Cheers Justmoney. Interesting take. Do you really think that would suck for gold? I'm not so sure.... Raising rates in isolation = bad for gold. Agreed. But if they're doing that to try to curb inflation, then the implication is that real rates haven't increased at all. And so that's not bad for gold. Now factor in the gargantuan levels of debt the US government need to

[JustMoney34]

Excellent point Monty.  I for one can't believe with such low rates right now and the amount of debt the new administration is putting into the system that gold isn't in the 2000's but also at the same time I think we have lost some investors of gold into the crypto market now.  You make a good point on the bounce back of commodities after the correction because that is a