Posts Tagged ‘gold mine’

Do Gold Sellers Know Something Buyers Don’t?

April 9, 2017

Some of the tv channels  I watch have been inundated in recent years by people trying to get others to buy gold.  They tout gold as a great investment that will go up in value.

If they really believe gold will be worth more next week  why do they want to sell now?   Do they know something about future gold prices that others don’t know?  What will they invest the money they get from selling their gold in?

One reason they might want to sell is that they think the supply of gold will increase and cause a drop in price.  Some  people believe the Pebble deposit   in the Bristol Bay region of southwest Alaska could contain a significant amount of gold.   Northern Dynasty Minerals Ltd.  hopes the Trump administration will approve its application to mine this region.  Approval of the application would likely cause  an increase in the price of Northern Dynasty stock and a reduction in the price of gold.

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Will Trump Bring Down Gold Prices?

January 18, 2017

ou’ve probably seen the ads urging you to purchase gold. You might want to investigate Northern Dynasty Minerals Ltd. first. If the company gets EPA approval for its request to mine the Pebble deposit in the Bristol Bay region of southwest Alaska the price of gold will drop while the price of Northern Dynasty Minerals stock increases.

I had been wondering why some people are so anxious to sell their gold if it is such a great investment. It appears they want to sell before the supply of gold increases causing a drop in gold prices. Of course they won’t warn their customers that the price may drop.