I’m going to try my absolute hardest to trade on the basis of movements in the gold price, the aussie dollar and the particular fundamentals of the gold miners I hold. Right at this moment, Aussie dollar price of gold in the cash market hovering around $5060, so no rational reason to sell. Sure, the funds are selling, that’s their problem. My job is to stay cool and start accumulating when the time is right. My experience is that the biggest falls, when unsupported by fundamentals, immediately precede sky rocket moves back up. Good luck to everyone, there will be fortunes lost and made over the next few months, I wish you all well. Go gold.
SPR Price at posting:
$1.91 Sentiment: Hold Disclosure: Held
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