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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 > Look at Goldprice.org charts re Silver vs Gold today!
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Post by auaghunter on May 06, 2024 3:04pm

Look at Goldprice.org charts re Silver vs Gold today!

hi   you might want to look at the charts at goldprice.org there good charts. lt looks like silver may outperform gold in next 1- 2 weeks? the gold/silver ratio is now showing silver strength, silver up 3.3% vs gold at 1%. Perhaps silver has a strong week? Silvers kinda funny that its industrial metal and if we see a recession than silver could be soft but for now maybe its strong towards summer?You all know Eric Sprott as you should you might want to look at PSLV.to( Sprott Physical Silver Trust) which is up nice today.Dont get me wrong l love gold and NFG but to be profitable u have to move in and out of sectors otherwise you miss out bigtime. lf u arent a good trader yet take a good course l did. Without it ld still have a regular job. Just do it maybe. Anyways thought u might want to know what silver is doing today and there seems to be some very good silver companies that r bcoming profitable. Hecla has a strong buy and there mostly in the states safe jurisdiction. AYA Siilver and gold looks good in Mororocco   Good luck Guys
Comment by shiftyone on May 07, 2024 3:21pm
auag hunter... some analysts suggest silver may outperform gold.  Maybe because it has traditionally followed gold, but in the last year silver is up 7% and gold is up 15%.  In the last 20 years, silver is up 400% and gold is up 520%.  Normally they are step in step. China is buying up gold. Good luck to you as well.  But if you look at momentum and price rise the last year ...more  
Comment by shiftyone on May 07, 2024 3:24pm
ps.  if you look at the gold analysts the last few weeks... most have been wrong.  And they are the experts.
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