BDR 0.00% 6.5¢ beadell resources limited

A few "analysts" in the media seem to be changing their...

  1. 445 Posts.
    A few "analysts" in the media seem to be changing their confusing conclusions.

    Initially it was along the lines that if Geert wins, then it's yet another in a series of confirmation signs of the inevitable collapse of EU and Eu currency. The consequence is that the flight of funds will continue to be directed to safe haven USD (up) and gold (up).

    Now the reasoning is that if Geert loses, the collapse is not inevitable anymore (as illogical like surviving a fatal accident) and it's good opportunity to lock in forex gains in USD and return to Eu currency at its low. Double dip, as it were. Therefore USD goes down and gold goes up.

    Disallowed sales pitch all along, I say. Much better to use our own analysis, common sense and experience. Cheers. R.
 
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