Here I am on Tooesdie nite in Oz and its nearly midnight and I see gold at $1005 in US.
Declining US dollar and inflation hedge-fears of revival with excess money supply, they say.
Third time now isnt it?
Remember when $500 was such a barrier?
Its not spiking up, but climbing step by step, gradually. Looks more solid this time to me.
When/if it stabilises at higher levels, no miner has as much leverage to a higher gold price than BDG, the old Bendigo Mining. Buckets of bypassed reefs and a processing plant ready for the extra. Selling at double cash backing, and just announced a maiden dividend.
