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Thread: PIMPING STOCKS

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  1. #1
    Fact Rat HOFer Patler's Avatar
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    Quote Originally Posted by Upnorth View Post
    Also I am re thinking my 1250 gold statement. It came down in another rush and I am holding off until I see more price support above 1200. Im still bullish on REITs
    I read an article today that said many of the biggest gold mines have production costs of nearly $1200/oz. It could provide a floor for prices over a prolonged time frame.

  2. #2
    Rider Rat HOFer Upnorth's Avatar
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    Quote Originally Posted by Patler View Post
    I read an article today that said many of the biggest gold mines have production costs of nearly $1200/oz. It could provide a floor for prices over a prolonged time frame.
    That was why I want to see price support there, if there is none or little there could be a large spill over as Indians and Chinese re think there portfolio. Misunderstood you apple comment Btw before sorry.

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