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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Markets are full of imbeciles.
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Post by LogicArchaic on Aug 13, 2015 9:44am

Markets are full of imbeciles.

Short term lsg reactions to the price of gold are absurd. The changes in the price hardly effect profit margins, and on a very short term basis it's absurd to speculate on the price of a gold miner just based on the price of gold. There's a strong correlation with lsg and the price of au, with a low margin of error, taking into account beta, news catalysts as qualitative variable, avg volume, and various other estimators. Is everyone retarded? Why buy/sell gold miners based on day to day au price fluctuations? Absurd nonsense.
Comment by goldhappy on Aug 13, 2015 1:00pm
Just read and listen to the banks and advisers and media bashing gold hard and China not a big deal and gold going much lower and the american economy on the rise. Freekin bread bakers and dreamers for the most part. A major crash in the market is looming. When ...well maybe if the fed stops bailing the banks. In the mean time the bills are growing and the tax payer is on the hook for this debt ...more  
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