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RE: AFRICA is OIL and DIAMONDS and GOLD
Maybe someone is trying to talk down the price, is Goldman sux involved in this anywhere?
Maybe someone is trying to talk down the price, is Goldman sux involved in this anywhere?
No Silverbug, I am firmly holding on to a justified price of only USD 700,--/Oz. This is the mining cost of expensive mines. Regarding silver, my latest reports show that we are probably going to head way down South. It has to do with that fat fucken railway line that China is building. They have a huge demand for copper and iron etc., that will automatically put more silver on the market. I am just going to keep on buying, but sloooowwwwlllyyy and with less nervousness. It'll take years for the projects to be completed, and while that may happen, maybe rocketman will be put in the sandbox and a new steel and copper boom could push silver prices down. My hopes silver would replace lithium is also not materialising. Cobalt is on the march into the market. So... market signs, from a demand point of view, don't really support rising gold and silver prices (yet).