Wallbridge Mining Company Ltd T.WM

Price of gold and stock price disconnect

[inviolablspirit]

There is certainly a huge disconnect between the stock price of gold stocks in general and their share prices.  I've noticed there are a number of analysts and CEO's of gold companies shaking their heads at this disconnect.  They all expect gold stock prices to move and move very rapidly.  Most gold companies are sitting at or near all-time lows while gold is at or near all-time highs.  Patience is needed thises ridiculously low prices won't stay this low for much longer.  Buy while you can.

[pepperino]

Perhaps, speculative investors have opted to take the crypto route to try and hit home runs.   I beleive the tide will turn, eventually, and money will flow into gold juniors again.  When?  Who knows. https://www.cnbc.com/2024/01/29/doj-and-sec-unveil-charges-in-1point9-billion-cryptocurrency-fraud-scheme.html

[inviolablspirit]

Maybe someone can explain to me why crytocurrency even continues to exist.  People are literally investing in NOTHING!  Cryptocurrency employs almost nobody, produces nothing and provides no service, yet it uses more energy than anything in modern history.   A single transaction in crypotcurrency uses the same energy as me swiping my credit card 1 million times and the industry