It is the supply and demand. Massive buy in silver and gold today on the Yuan gold fix which was launched today and as expected.
The weakening of the US dollar continues and that is helping.
The interesting thing at the moment is the yo yo action in BDR share price. Is this the warm up before the rocket is launched on the 22nd (according to etrade, it is the expected date of release of the quarter report).
Happy days are coming.
Cheers,
Sydney
BDR Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
