G'day Dugsab. I do agree with your final opinion re the price of gold.
But, the point that I was trying to make re the "Trump" influence was mainly re his unpredictability and the effect that his, sometimes, off the cuff comments has on the price of gold.
In fact, the whole world has been very concerned about his unpredictability since his inauguration in January 2016 when the POG was US$1,082. It has risen to US$1,311 today. Many analysts have put much of that down to the "Trump" influence.
But, people should take into consideration both that "real" Trump fluctuating influence and the A$ when trying to determine what effect the daily price of gold has on the value of their gold mining industry investments.
Now is most certainly a really juicy time for Australian miners to take full advantage of this current scenario.
Is LNY management taking any notice??? They can't write, maybe they can't read either!!!!
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