gold13 Sep 2018 22:25
we are invested in a mining company, not gold trading.
The two are different.
This company produces gold at a steady profit, that is all that is necessary for any company.
If others fail then there is more demand, ie. supply and demand..
Gold is finite. So that is the reason the Chinese , the largest producers ,do not export this "useless"metal ,
It is possible the current paper ,fiat market could be caught out by a reversal to gold standard.
It is going that way.
So we are in a profitable company, if you are long term..
If you got trapped trading ,my sympathies, thats life (ce a vie)
GLALTH