New Found Gold Corp V.NFG

Stock action

[Retiredgeo]

The TSX and TSXV are closed today for an Ontario holiday.  NFGC is currently down $0.14 USD in sympathy with a broad market sell off (it was down much more at the opening bell).

Gold went down to ~$2370 but has since recovered to $2392

Silver went down to $26.60 but has since recovered to $27.06.

[Retiredgeo]

NFGC has pared it's losses to $0.085 Gold is back to $1400 Silver is at $17.16

[Retiredgeo]

Please make that $27.16 (I'm living in the past!)

[Patient1nvestor]

Well, if history is something we can go by, gold is usually the one that stands proud and tall in times of uncertainty and chaos. By the way, I am fairly young and have a lot to learn from many more learned more senior people here, especially those with expertise in mining and finance, but as a surgeon, I just happen to be into history and philosophy; after all, medicine is believed to be the

[Retiredgeo]

Yes, it does but there is a big difference between gold bullion, gold miners and gold explorers.  The gold explorers are the last to benefit from rising prices.  $2400 gold hasn't helped NFG any!  It will eventually.

[alwil106]

Patient you are in good company for your history and philosophy Jim Rogers did very well weith George Soros with their Quantum Fund in the 1970s There's lots of good post  on ceo.ca NFG if you wish to have some further views on NFG Rogers holds a bachelor's in history from Yale University and a master's in philosophy, politics, and economics from Oxford University's

[nozzpack]

Absolutely my fine friend . For 5000 years. No worse demonstration of fiat dissipation of value than the current value of the USD relative to 1972 when they forced Nixon off the gold standard. Gold has enrtirely replaced that fiat loss and more. Nice to see inquisitive new comers to the NFG fold..