Yes, along with treasury bonds etc although in a different league, still accepted as a LT haven asset which impacts gold's lustre. Wonder when the next JPM PM dumping will occur resulting in lowered POG, followed by a fine = <5% of profit earned from direct proven manipulation?
Exact reason I don't hold large producers. Impacted heavily with POG direction & can trap like a game hunter. Specs are my only holdings now. Esp those with strong cash & reserves. Wonder where WAF stands with me... I suspect if POG can rise back above $US1250 in next few weeks then, sp will be 33-34. Good buying @ present even under Trump/China pressure?
Why the sp struggle following pos announcements?, page-51
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$1.50 |
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