EAR 0.75% 33.3¢ echo resources limited

Ann: Julius Gold Resource Grows, page-4

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  1. 8,616 Posts.
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    If POG keeps heading in the direction it is, you may well just. At the moment its getting hurt by rumours of India potentially banning gold imports as another way to battle corruption. I think this is BS, if they banned gold imports, the entire govt would be lynched!

    Meanwhile potential catalyst for gold shortly with referendum in Italy imminent.

    http://www.cnbc.com/2016/11/23/ital...ote-that-could-shake-europe-is-next-week.html

    If Italians vote No, and I expect they will, might spook the markets a bit. Whether that will drive a rally in gold no idea, but it just might.

    Cdchi1
 
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