New Found Gold Corp V.NFG

price of gold

[wajac]

For as long as I can remember, and I'm not a spring chicken anymore, the pumpers have been
predicting that the price of gold is going to the moon. They use their various charts to support their view that this time it's for real. The gullible get sucked in and lose their money and the pumpers walk off to the bank laughing. And the cycle repeats. When the world went off the gold standard gold became another commodity to trade. $5000 gold? $10000 gold? Really? In whose lifetime?
Certainly not mine and I would think not anyone on this board. But, you know, it's alright to throw around ideas and theories, just don't lose sight of the fact that they are just theories not fact. And, most certainly, don't bet your money on them.

[megacopper]

  You are exactly right in what you are saying. Really gold itself has not been a very good investment when compared to equities. However, there have been periods of time when gold and gold equities have done really well but it is usually for very short periods of time. The best period of time for gold and gold stocks was in the 1975 to 1980 timeframe during which inflation took off. So

[Thirdperson]

Thirdperson thinks Wajac has not had his coffee this morning. Thirdperson thinks we all should be happy in our own little way. Thirdperson wishes everyone good luck and good riches.  Thirdperson is almost as pleased as Bigshot.

[Bigshot123]

Bigshot says back at ya Thirdperson. Bigshot is pleased.

[wajac]

Maybe Bigshot = Thirdperson?  lol

[braindeadoldguy]

This post has been removed in accordance with Community Policy

[megacopper]

  I think Bigshot likes talking to himself. I'm a schizophrenic and so I am I. Lol