The US election is just one variable affecting the POG. We now have increasing buying from Shanghai and the return of Indian buyers too. If US Bond yields drop a little, the US Dollar weakens, and the mainstream media keeping talking about a major fall in equities then POG will do OK right through to the end of the year IMHO. 1250 is the new floor I reckon, and today's jump to 1270 is a bonus. If we see the AUD weakening down to below 75c then we are set
In the case of PGO whenever there is momentum have you noticed how it moves up quickly because there are so few sellers
cheers
ece
PGO Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held
