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No great conviction in the market atm. biggest threat is what is...

  1. 105 Posts.
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    No great conviction in the market atm.
    biggest threat is what is happening in America. Will the upheavals bring the $US down or send it higher?
    Until some of these issues are settled when the traders come back from holidays it is still going to be fairly volatile.
    But the trend is positive with Russia, Turkey, Kazakstan, China and even Poland and Hungary still buying there does appear to be a physical bullion shortage. The real question here is why are they loading up?
    It's wait and see for now.
    gltah, dyor
 
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