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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: Gold demand remains sustained at present level

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goldrat

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Gold demand remains sustained at present level

posted on Sep 02, 08 07:04AM

Inspite of all the correlations of gold with oil, the fall of oil is not equally weighted and reflected on gold. My question is if oil prices are decreasing then why is inflation not decreasing as well? Here is my answer - there is oil related inflation and inflation due to increase in other commodities in general. Inflation due to increased interest rates, increased demand in commodities is here to stay. Commodities are among the best to invest right now and gold definite will remain the darling with economic uncertainties around the globe. Present price levels are ideal entry point for juniors.

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