Golden Star Resources Ltd. (USA) (AMEX:GSS)
CAPS Rating:
An international gold mining and exploration company producing gold in Ghana, West Africa.
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An international gold mining and exploration company producing gold in Ghana, West Africa.
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Don't believe in a sustained price of gold above 1K. No inflation pressure in the short/medium term. No high demand in real economy. Pure speculative gold play by gold bugs.
Great call, I agree with your sentiment.
Wishful thinking. 1K is no magic number in reality (only in perception). The Fed hasn't stopped printing dollars, so why would the price of gold stop at 1K?
or 2k?
Good call because GSS is a crappy company, no matter the price of gold.