Randgold Resources Ltd. (ADR) (GOLD)
The Company is engaged in gold mining, exploration and related activities.
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Potential loss of faith in the dollar as the major reserve currency could push gold up. A less likely loss of faith in the fiat money system due to excessive quantative easing could push gold up significantly.
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Because Peter Schiff sux.
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Gold prices above $1,000 will be a thing of the past as the market starts to stabilize.
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overpriced
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i think it will be a good thang to iinvest in
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Low Sales and Few Employees for Capital
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I referred incorrectly to gold, not GOLD. This company is overpriced already. I've previously mentioned Dominion, DOM.AX at www.dml.com.au. It's a better bet.
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Another miner - will explode when inflation hits.
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Gold price to retrace for quite a while below $900.
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someone's been reading Peter Schiff and Christopher Barker (TMFSinchiruna)
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Stability will get gold sooner or later
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i wont pay this much for gold!!!
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Gold has always been a persons favorite metal ,no matter who you are . Even back in the 1800's ,people gave up everything to go find GOld .And its still the same today .Gold may take a slump but it will always jump right back up and will be strong.
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When things turn around it will be a result of the governments around the world having pumped money of all kinds into the system. This will cause a surge in inflation as economies start to tick up. That's why I've been and continue to be bullish on precious metals and the miners of said metals. Really, anything that is sensitive to inflation is a good place to be.
The armageddon nuts and gold bugs always think that gold is the place to be, but in this case that does not mean they are wrong.
You can blame TMFBreakerDave for me adding pitches to so many of my picks.
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I'm having trouble laughing at these gold mining stocks. I can only see the lost savings of all the newbs buying into this prop job, One of my friend's dad went all-in long SLV at 19.50 last summer in his IRA. That cost him a good 150k. All the evil people (avoiding expletives for all the CAPSters with sensitive ears) touting and promoting these fraudulent companies at 3x their real value better enjoy sulfer cause their afterlife ain't going to be fun. Selling junk to uniformed people puts you in the lowest rungs of hell in my opinion. It's almost as evil to tout GG at 30 as it is to tout RPRX at 11... large losses are guaranteed either way.
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I can't believe people STILL believe that gold is the perfect inflation hedge, because it's NOT. It's spotty at best. It's where speculators flock when there's fear in the markets, but once everything subsides, people will realize that it's vastly overbought and prices will come crashing down.
This looks like 2000 all over again. This is gonna be a fun ride down for shorts!

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