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Bullboard - Stock Discussion Forum Signal Gold Inc T.SGNL

Alternate Symbol(s):  SGNLF

Signal Gold Inc. is a Canada-based gold development company. The Company is engaged in advancing the wholly owned Goldboro Project in the Canadian mining jurisdiction of Nova Scotia. The Goldboro Project is an advanced exploration and gold development project located approximately 175 kilometers (km) northeast of the city of Halifax, 60 km southeast of the town of Antigonish, and 1.6 km north... see more

TSX:SGNL - Post Discussion

Signal Gold Inc > Two Weeks and Counting
View:
Post by NLMoose on Mar 08, 2021 11:25am

Two Weeks and Counting

For two consecutive weeks in a row, Gold is heading down.

That's 10 business days in a row that Gold has gone down.

No other commodity in history has experienced 10 consecutive days of heading down, and now Gold is about to reach that dubious distinction.

If Gold wasn't rigged, especially with 10 straight days of heading down, the commodity would have experienced at least one or two up days.

Perhaps now is a time for a "Gold Summit" to determine what is going wrong with Gold, and look for ways to prop it up to its true value, at least $5,000 a share.

Comment by DoumDiDoum on Mar 08, 2021 11:41am
NLMoose... Gold is being valued by the market so no "summit" will make any difference.  Gold is being bashed right now as people are starting to "propose" that BitCoins and other crypto currencies replace Gold and other precious metals as a safe heaven.  Plus, as you noted, the 10 years bond and US$ are going up.  Also, the vaccines are removing some stress out ...more  
Comment by ggrellette on Mar 08, 2021 1:11pm
Hello Triple D, I would agree with your post other then Cryto currencies killing GOLD PRICE. Sadly they are doing their best effort to push Bitcoin and Crypto currencies ahead of GOLD but in the end it will not happen. They will eventually fade back into oblivion but will find a place somewhere in the market's appetite. Bond yields rising(10 year) and US$ index rising but inflation will ...more  
Comment by 5er on Mar 08, 2021 11:55am
So which one of us on this message board do you think has the ability to setup your suggested "Gold Summit"?  Lunacy!
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