Mali coup de-risk/ high reward, page-34

The latest news and the impact on RSG one way or another:
The Junta requested three years transition government.
The ECOWAS recommenced a maximum of one year.
This Friday the heads of the states of West African nations will decide on the move forward. I am expecting a middle ground of two years. The can not afford unstable Mali.

The big move in gold is reassuring that the Fed Chief will let the inflation go beyond 2 percent and will say something regarding that at Jackson,s hall meeting. A weaker dollar is good for USA economy and fabulous for gold.

Of course RSG will respond to the rising gold price over night but the real party is tomorrow when the release of the half year report coincides with hopefully a strong reaction in gold price upon the speech of Powel, the Fed’s Chief.

More gains if ECOWAS statement is favorable for coup leaders initiatives.

According to my calculations, the loss of 18.5 percent could be recouped over the next three trading days, provided the above mentioned is achieved.

Good Luck all.

My thoughts only, Sydney