GOLD 0.51% $1,391.7 gold futures

It is interesting to see how the funds and insto's here in...

  1. 1,270 Posts.
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    It is interesting to see how the funds and insto's here in particular have been ignoring this latest run by gold. At least in the US you can finally see some movement in the GDX to repair long term technical damage. The muted response by ASX listed producers yesterday to the consecutive Easter rises in the US gold price tells you they are still on the sidelines in the main. If you held these funds via super or investments you'd be wanting to know why wouldn't you. But then again they are not called sheeple for nothing..
    Our ABC on Ch24 National news said last night the US gold price on Monday was down $10US - it's a comedy show of deception reporting to hoodwink people on any particular topic they choose. So you know the demonising of gold by MSM is going to continue regardless of the price.
    A widening of the middle east conflict by the warmongers tells us gold's rises will consolidate and continue.
    Physical gold is central to any portfolio right now. It's just the %age that's the important and individual choice.

 
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