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So your advice is - buy MOY because there could be a war in the...

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stefoid

2,038 Posts.

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09/09/19

12:13

Post #: 40358318
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Originally posted by lemony123: ↑

Iran is turning up the heat in the golf by going full out for enriched uranium. There recently impounded and released oil tanker is tracking back and forth off the Syria coast with its tracking system switched off. If it docks this would be a serious breach of sanctions and a very serious escalation in the US Iranian stand off. Its looking like Iran wants a fight and is very likely to get it.
If this lot kicks off gold will go ballistic. It seems to me that not everybody fully appreciates the dynamics of gold. The price today is not what it will be tomorrow. As we all know commodity prices make a massive difference to the profitability to all miners. Not only has gold significantly increased in recent months, but is forecast to rise further. Those who are selling at a loss today may very quickly regret there decision especially as other stocks are not any better.
Only time will tell

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So your advice is - buy MOY because there could be a war in the middle east?

MOY Price at posting: 8.2¢ Sentiment: None Disclosure: Not Held
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