KMC kalgoorlie mining company ltd
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re: Ann: APPROVAL RECEIVED FOR BULLANT CRUSHI... "Has gold...

  1. plough
    35,474 Posts.
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    30/12/11
    08:05
    Post #: 9494676
    re: Ann: APPROVAL RECEIVED FOR BULLANT CRUSHI... "Has gold became unfashionable or was it overpriced?"

    Probably unfashionable . My bet is India will start buying physical back up in the new year, at this time of the year more likely funds are rebalancing their ETF positions, plus the $UD is appreciating in value against other currencies so in a way its a mirage whats happening, as the $US is only part of the total world money supply.
    KMC Price at posting: 2.3¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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