Re: Bought SFMI-Q on GHDC vs SFMI...BigGamble
in response to
by
posted on
Feb 25, 2014 10:33AM
(Edit this Message from the "Fast Facts" Section)
I think BG was talking about the distinct possibility of gold going to $2000-2500 or even higher. In the ensuing "frenzy" SFMI's 10M oz of gold could be worth $20-25B or even more. In a buying frenzy, anything could happen. There's a lot of cash laying around out there just waiting to buy something.
But I agree with your current calcs and am hoping we see $.10 so I can get my money out.
However, we can all dream of that $20-25B SFMI gold value. And the way the government is destroying our economy, who knows what can happen.