Because the economy is showing some tentative signs of recovery in the US and there are rumblings about some easing in the amount of stimulus going forward. This could be all innuendo and not in fact true, but sooner or later the QE bias will start to ease. This is enough in my view to put some temporary pressure on Au, it is now though, becoming a fiat currency slowly but surely and less of a commodity in the classical sense. Do not worry, it will get some more yeast put into it and rise. IMO of course.
- Forums
- ASX - By Stock
- SAR
- fund managers view
fund managers view, page-17
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SAR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online