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1411

04/12/23

11:54

Post #: 71254362
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Originally posted by AverageJoe: ↑

A new high as of this morning in Gold. Premature to speculate if it can hold from here.

What I have read as from a few hours ago in the Yemen attack on a US war ship succeeding from the attack on the British one that issued a mayday. Could this be the reason for a new regional war potential or simply the usual US Govt relying on more debt to fund whatever to favor political, economic & military survival?

Or is it simply the many years of speculative conspiracy from China/Russia stocking up physical gold stealth based tactic as a diversification from just US paper 'IOU' highlighted by the risk of sanctions applied to Russia from the Ukraine conflict?

I never know the facts from the fictions but the chart trend never lies. I just wish I had more convictions in accumulating gold miners when gold price was falling both in '22/'23. I did take advantage but not blind conviction unfortunately. The same thing applied to the EV new energy source, Lithium, post Covid was a 'can't go wrong' sector that is unravelling fast.

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It's only at an all-time-high if you ignore inflation, and only amateurs do that.
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Gold - ALL TIME HIGH, page-2

Top Stories

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

HotCopper Highlights: Trigg; Droneshield; Lumos & more

History repeats for DroneShield investors but carnage so far subdued

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

A new NASDAQ listing for a key player in the global critical minerals space

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

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