Agoracom: Small Cap Investment - Noront Resources

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Reply New Message

Back To Forum List View

Fear of a gold exodus

RockLicker

Apr 16, 2010 02:46PM

Oldster

Rank: Vice President [?]

Points: 2112 [?]

Votes: 140 Score: 3.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Fear of a gold exodus

in response to

Fear of a gold exodus

RockLicker

posted on Apr 16, 2010 03:41PM

The lack of confidence in the Goldman Sach's and Poulson's of the world just may steer investors away from the financial institutions and into gold bullion. Listen to what Eric Sprott recently told CNBC and the emphasis he placed on the fact that his fund holds real bullion.

http://www.cnbc.com/id/15840232?video=1469756672&play=1

Combine that with the 'allegation' that the Bank of NS doesn't hold any significant amount of bullion in it's vaults (although it purports to) and I think gold and PMs will do very well. I'm a believer.

http://kingworldnews.com/kingworldnews/Broadcast/Entries/2010/4/7_Andrew_Maguire_%26_Adrian_Douglas.html