How does the price of gold affect the price of a gold mining companys stock?
Green Man asked:
Lets say that for one day a gold mining company’s’ stock was not allowed to be traded (so supply and demand of the stock had no play) and at the same time gold went up $300 an ounce. Without anyone having traded the stock… would the price of the stock automatically go up? (because the price of gold is directly related to the profits of the company)
gold mining equipment
Lets say that for one day a gold mining company’s’ stock was not allowed to be traded (so supply and demand of the stock had no play) and at the same time gold went up $300 an ounce. Without anyone having traded the stock… would the price of the stock automatically go up? (because the price of gold is directly related to the profits of the company)
gold mining equipment
Categories: Investing Tags: Gold Stock, Mining Companys, Ounce
Would investing in a gold mining company be a good investment right now?
Steve asked:
GDX for example. With the state of currencies globally, and the possibility that the 4 BRIC countries are turning to the Euro instead of the dollar for stability, do you think gold or gold miners are a good investment now?
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GDX for example. With the state of currencies globally, and the possibility that the 4 BRIC countries are turning to the Euro instead of the dollar for stability, do you think gold or gold miners are a good investment now?
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Categories: Investing Tags: Bric Countries, Gold Investment, Mining Investment
What is a good place to go mining for gold?
eflores asked:
I was wondering a good place for a starter like me to go mining for gold here in the U.S. Also what kind of tools would I need and approximately how much they cost? One more thing I live in Texas so is their any gold mines here? Thanks in advance!!
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I was wondering a good place for a starter like me to go mining for gold here in the U.S. Also what kind of tools would I need and approximately how much they cost? One more thing I live in Texas so is their any gold mines here? Thanks in advance!!
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Categories: Investing Tags: Gold Mines, Mining For Gold, Tools
What’s a good way to invest in gold other than gold mining stocks?
rickg155 asked:
Not the physical stuff itself…
Some sort of an ETF that tracks the price of gold.
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Not the physical stuff itself…
Some sort of an ETF that tracks the price of gold.
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Categories: Investing Tags: Etf, Gold Stocks, Invest In Gold