AMI 0.00% 21.5¢ aurelia metals limited

POG surges to $2033 USD, page-140

  1. 4,163 Posts.
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    The movements in the gold future are striking. Meanwhile also a plaything of certain speculators and circles. Either way, instos are not overinvested and have an interest in getting hold of the metal at a lower price. Instos are also underinvested in terms of gold producers - see Warren Buffet - the purchase of Barrick Gold was a wake-up call for the rest of the gang. In the global asset allocation, gold mines are weighted at 0.5% in the portfolio. Rest you can figure out for yourself what that means when interest increases. I stick with it: gold price will rise.
 
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