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Bullboard - Stock Discussion Forum New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises an approximately 1,662 square kilometers area, located about 15 kilometers (km... see more

TSXV:NFG - Post Discussion

New Found Gold Corp > Gold is down only 2% in 2022
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Post by tootall123 on Dec 04, 2022 8:54pm

Gold is down only 2% in 2022

 
#Gold is still down 2% in 2022 and #silver is down 1%. Many #Bitcoin pumpers will point to this decline in a year of high #inflation as proof that gold has lost its relevance. Yet in 2022 Bitcoin is down 63% and $GBTC is down 74%. I bet both gold and silver end the year positive.
Comment by Subtumbo on Dec 04, 2022 9:15pm
Crypto has crashed, gold hasnt gold is a storage of wealth crypto is speculative at best
Comment by DanWarren on Dec 04, 2022 9:44pm
This post has been removed in accordance with Community Policy