TYHEE GOLD CORP

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Message: Re: Lest We Forget: Giant Yellowknife Mines's Share Price was $39 in 1980.

Nov 16, 2009 08:31PM

What did a car cost in 1980 and what does a car cost today?

I say those prices in the chart posted would be multiplied by that factor.

That would jack those prices by a factor of probably about 5.

The idea that Tyhee could sell in the tens of dollars is not at all pure fantasy on the part of those that hold it.

My fear is that peak oil will suddenly and soon become a serious issue and either the gold will not be gotten from the ground or it will be inordinately expensive to mine. That's why one starts their position in this insurance game with physical holdings and adds miners as a speculation.

Now as the dollar crashes what do you think a car will cost going forward? Add that factor to any projection you make on Tyhee's price though it will not necessarily add to purchasing power.

P.

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