gold, page-53635

Timber's logical argument has always been if there's an oversupply this should suppress or keep a lid on the price of gold. Treating gold as purely a commodity can lead to this view being considered a sound argument. However...
The latest numbers show a trend where if you build a bigger pile then a proportionally larger part is being soaked up by the various sub-markets.
Being long in the economic cycle; CB buying; bond yield inversion; geopolitical tensions etc are all contributing to gold coming to the front of investors minds again as a store of value. A soft AUD is screaming at investors to look at AUD miners and a trickle could become a flood. Herd mentality from here is the biggest thing I'll be watching as once it starts it is very hard to put back in the box.The rises in most Aussie goldies has been strong but could go into overdrive if this trend continues.

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