PRU 1.16% $2.61 perseus mining limited

PRU Target Price : 70 Cents, page-183

  1. 113 Posts.
    lightbulb Created with Sketch. 35
    This is not thread specific but I have now read an article that outlines what I see as the major stumbling block for gold to rise substantially. Until the following changes gold will gyrate and the gold shares (all of them) with it.  

    Trump has indirectly set in motion a much needed global rebalancing. Washington’s downsizing into a smaller power will come about above all through a fundamental change at the global economic level. As long as Washington is free to print money, increase debt, exchange dollars for real goods, and remain credible to the rest of the world that continues to purchase US treasuries instead of gold as a safe haven, Trump will be free to use the US dollar as a baseball bat with which he can whack friends and opponents over the head.
 
watchlist Created with Sketch. Add PRU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.