Cheers oz,
No one really understands gold.
I must say that I am out of my depth as far as goldies are concerned , but I like the technical strength in a few names in the face of lack luster POG....The market is seeing something we don't.
Gold does best in an inflationary environment.....There are early inflationary signals.
Fundamental change in the gold production industry may also be underway...I don't dismiss the possibility that gold producers may assume some of central banks role & hold (or stash) some of the gold they produce.
Whatever it is , the gold sector is giving unmistakeable signals of an end to the gold bear.
It is wise to concentrate on producers or those on the verge of production.
Thanks again for the comprehensive list.
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- STT Weekend Lounge 26-28 June 2015
STT Weekend Lounge 26-28 June 2015, page-55
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