Read their latest press release if you want to see what a failing company looks like. They have no income and enormous losses, little to no cash, and yet their stock went up 16% today. Hell, even the gold-bullish CAPs community has it at a 1-star stock [more]
As demand decreases, so should price. Gold doesn't get its value from the small quantities sold to semiconductor companies. Its value comes from the rich buying thousand dollar gold earrings.
So tell me. How is gold not on a bubble right now?
That's what people were saying in 1929.
And now in 2008.
Humanity never learns.