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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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Message: Imagine the implications if the real price of gold existed to-day

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Re: Imagine the implications if the real price of gold existed to-day

posted on Feb 23, 09 04:22AM

I remain perplexed with regards to gold prices. I am not going to delve into why gold should rise in these times, but rather to the reasons why Gold will outperform this year possibly setting another high.

And contrary to Roubini and others, I don't think the green back has much to do with it; rather foreign currencies which are tied to exporting economies.

That being said, all of the fundamentals of what is currently occurring points to a higher gold price in the future.

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