Originally Posted by
moosie_900
There is a lot of fear in the gold community right now, and those all-in prices for mining gold do not inspire confidence if they are going as low as Goldman (ball)Sachs says. If it plummets below $1000 and stays there then there will be plenty of closures, closed companies and buyouts. Only the strongest will survive in that environment. I do agree there is a disconnect and that it appears priced in, but I think those indexes can go much lower yet, and that is where the buying for the long-term will pay off handsomely.
Treat it as the 2009 falls in commodity stocks; did RIO deserve to be <$30 a share? Nope, and plenty of money was made there! Just have to be patient and wait for the (real) bottom to form...