BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-4507

  1. 445 Posts.
    Seems like this piece of bad news is consistent with the other one:
    "It was the third consecutive quarter of falling productivity, the longest streak since 1979... “In the short term, it’s hard to be anything other than pessimistic, just because this has been going on for so long now,” said Paul Ashworth, chief U.S. economist at consultancy Capital Economics."
    (http://www.wsj.com/articles/u-s-productivity-dropped-at-0-5-pace-in-the-second-quarter-1470746092)

    Then there's atomic diligently summarising various nations' latest quarterly economic reports to us in ten words or less: splat, splat, splat... and more splats.

    But I'm getting confused by a series of internal alarm bells. So in caution I wonder if I've overlooked significant economic or political factors that could cause Au and Ag to go splats as well. Peering into the macro or big picture setting, will it be a rising or receding precious metals tide during the final qtr of CY 2016? Visibility seems good, or is that just a mirage I see?

    Just putting it out there to Au-Ag longs: do we perhaps have confirmation bias driven blind spots that are now silently ticking away even as we gladly bid welcome to the rise of Au and Ag? R.
    Last edited by riverred: Typo. 11/08/16
 
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