Moggie is correct, hence the recent leap, sellers coming back into market though now to take advantage, should be some price easing however, lots of positives:
1)Exchange rate weakening
2)Reserve upgrade
3)Uncle Ben's QE forever
4)Chinese hungry to buy Gold miners
5)little if any debt
6,and 7 things I forgot about because I've been up all night and have that slightly surreal feeling but will take credit for later when I remember. Perhaps somebody could fill them in.
Disclaimer : I just take wild guesses, don't listen to me.
SAR Price at posting:
50.1¢ Sentiment: Hold Disclosure: Not Held
