@FourexOne analyst reckons gold is going through now one of the...

@Fourex

One analyst reckons gold is going through now one of the few upside structural adjustments seen in the past 60 years.

there's enough war around to suggest safe haven buying is price supportive. America hasn't signed onto the 'give peace a chance' cohort so expect more of the same continuing.

central bank buying is price supportive for gold.

talk that the BRICs tribe are going to have some sort of link or reference to the yellow metal also likely helps.

the astonishing surge in the price of gold this year has helped KAU weather lousy production at A1. Spot gold was quoted today around A$3,888/oz. Far canal.

there's plenty of reasons to be cheerful.

i needed to buy a few truckloads of patience when i started buying tiny parcels of KAU in late 2019.

having an understanding of sorts of what's happening in KAU doesn't guarantee profits.

timing is all important.

all the best.