Ann: Starter Pit Underway at Munda Gold Mine, page-52

There is an interesting discrepancy between gold in USD and in EUR.

The pullback in XAUUSD today is a healthy one, and it’s the market agreeing with Trump backing off on his stupid trade war. It’s not gold dropping so much, but more the USD appreciating based on the risk off.

The one denominated in EUR gives a more realistic image, showing that we are perfectly fine within the uptrend.

But agree, goldies shat the pants today and they might do so tomorrow too. Which confirms that the capital rotation into gold miners has not started yet and we are in the early stages.

The plan is unchanged, and anyday soon we will get an announcement on the commence of works at Munda. And then our time to shine will come.