WMC 0.00% 20.5¢ wiluna mining corporation limited.

Ann: Gold price risk mitigation-BLK.AX, page-22

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  1. 284 Posts.
    Gosh, if Trump gets in, he is now reported to be saying  he wants to "re-negotiate" the repayment obligation to US$ government bond holders, meaning he would expect them to take a haircut on their investment in USD government bonds. Trump has quite a history, having  4 times declared himself bankrupt to escape full repayment to creditors.  So (quite independently of strong demand for gold from Chinese and other big buyers) you can add the Trump factor: ie The closer that Trump is running in the polls (and Nov 2016 is the actual election ) the greater the added impetus for the POG to go up even more in the short term:
    http://truewealthpublishing.asia/th...ated-the-worlds-most-successful-rogue-trader/
    Last edited by Tanner: 09/05/16
 
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