LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

GOFO and gold price charting

[Majormac79]

https://goldsilverworlds.com/price/why-copper-could-be-a-challenge-to-the-gold-price/

There is any number of possibilities here, including profit taking from speculators, that would offer a compelling explanation for the past few days’ gold trading. However, it would be wrong, in my opinion, to simply ignore the recent change in GOFO.

Since forward rates began rising nearly a month ago, any collateral relationship would appear to be far weaker than previously observed. With that in mind, I can’t help but think that there is a spreading illiquidity that might tie gold to copper, and thus China.

[jpgoldilocks]

Beyond this girls pay grade. So you think gold is going higher from here based on this?

[windwalker4]

Yes gold always go's higher ..it's your timeframe and your belief in the LSG stock that really matters...I'm not much of a believer in all this technical projection stuff..sometimes works/or not but I try to pick good miners with long life of mine and all in sustaining costs(AISC)  that are industry leaders in the pack.. my picks so far are LSG , PVG , and BOZ(focus)  made

[dutchmann64]

........well said windwalker.........cheers! I am in on good business principles and going long. I feel that LSG will do well over the long term in good and bad market conditions. This is a long play stock. Only time will tell where this is going to be in next 5 years. Good luck to all. 

[idlefreebird]

dutchmann64 , well dutch we will become friends as you will have me here also for the next 5 years ha ha . Stay strong , be long.GLTAL

[duginthemud]

idlefreebird, please check your mailbox, thx. dug