17 year in the making peace deal signed, page-25

I was sort of thinking that banks etc would be pumping the goldies now to offload a bit more of their holdings. The seasonal downtrend seems to have started a bit earlier this year - it looks like the distribution has been under way for a while.

The POG aint going nowhere - at best it will be sidewise and more likely it is down - over the next 3-4 months.

Cheaper prices to come, even if the POG were to hold up.

Perhaps a bounce if we get a gold friendlier new Indian govt in May - but who knows.

And a bird in hand is worth at least three in the bush these days, so says I.

loki (oh you are a cheerful one)