MOY 0.00% 5.1¢ millennium minerals limited

Said it before...say it again. Wedging. Other gold producers are...

  1. 89 Posts.
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    Said it before...say it again.

    Wedging. Other gold producers are treading water too.

    I think it comes from global sentiment, which altho Central Banks are winding back easy money the sentiment of future growth is generally uncertain...sometimes negative, ...all as a by-product of all this slim-growth came from easy money, but now it's expect to come from money tightening, people ask, is this possible?

    Given current conditions here (In Oz) is not all rosy : https://www.rba.gov.au/publications...nsights-into-low-wage-growth-in-australia.pdf

    Smart money is hedging with gold and other safe havens despite RBA's worldwide powering ahead continuing with forecasts (p13-Graph 1) that are just not happening. (Last 7 years in a row they've been incorrect)

    T-D.
    Last edited by Timm-Dah: 30/06/17
 
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