negative or very low rates are very good news for gold as there is now little competition from investments paying interest.Despite huge central bank monetary stimulus since GFC no response with value of money diminishing ,GDP everywhere dropping ,economies esp in EU in intensive care,dodgy banks,huge debts,resultant political turmoil as in europe between the wars.Check out what Varoufakis and Picketty are predicting.Only gold shining brightly>The only remaining part of the jigsaw is aa big reversal in USD index.At that point away we go or at least wrt POG.I hope BDR can deliver the goods to take advantage of the above
BDR Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held
