I have decided to buy back into Newcrest mining. I decided that...

I have decided to buy back into Newcrest mining.

I decided that all the gloomy news, especially of warmongering nations China vs India, Saudi Arabia vs Qatar, North Korea vs USA, etc. may be good for the price of gold.

I also anticipate several things long term. The 2016 demonetisation in India - an outrageous move IMO - must leave many Indians wishing that they had kept their cash savings in the form of gold. Other govts may pull the same stunt. Simply dishonouring the currency is, for a govt, an easy move which means they don't have to meet their obligations. Governments are not like people. They make the rules, rather than obeying them. So, keeping savings in gold, an old habit in the Orient, is like to increase.

Also, inflation is not over. It went to sleep over the last decade, but it will come back.

Just my thoughts!