EAR 0.00% 32.5¢ echo resources limited

Basically we should hope that the dispute between Trump and...

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  1. 4,285 Posts.
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    Basically we should hope that the dispute between Trump and China escalates. Then gold buuuummmmm..........

    But probably they will agree to talk for another 6 months.....US$ weaker.....interest rates US down, economy slowing down.....equity markets falling.


    If only a few % of the liquidity goes into gold or gold mines than we will see also a P/E multiple extension and the current SP levels (for most goldies) will look ridicoulosly cheap.

    However....let' s wait and see.

 
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