nice to see gold and copper moving higher. gotta love those analysts predictions. hopefully, they go with the iron ore predictions from 2013. when we see the average gold cost is around $1000-$1100 per punce, just how low do they expect the price to go? The market is also working out that Tapering is linked to a better economy. If they taper, then things are improving. Why is that bad for gold then? Its not just about the US dollar, but if things improve, then inflation will become everyones focus again down the track. I am hoping gold and copper at worst, remain in a trading range, but i reckon they might be alright. time will tell. We maybe seeing a bit of that 'do the opposite to the crowd' thing already. srm remains my best pick for copper gold stocks listed on the asx by a large margin. 2014 should be a cracker for us imo.dyor
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