Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)

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Gold

Noront Resources

almost 16 years ago

On the topic of gold....something that hasn't been talked about to my knowledge is the ratio of the gold price to that of other commodities....in particular, I'm looking at Platinum and Rhodium

When gold went over $1,000, I believe Rhodium was at or near $10,000....that's about 10 to 1

When gold went over $1,000, I believe Platinum was around $2,300.....that's about 2.3 to 1

Now we have gold at about $750 and platinum only about $30 higher and Rhodium only about $240 higher.....

What would it mean if gold becomes higher priced than those two?

Gold relative to all other commodities is holding it's own....virtually every other commodity is in free fall.....that's because gold is not only a commodity, it is a currency....soon to be the currency of choice

All in my opinion