RMS 1.88% $2.45 ramelius resources limited

No need to panic, probably some traders taking profit from rise...

  1. 4,973 Posts.
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    No need to panic, probably some traders taking profit from rise of yesterday. Looks like no real Santa rally this year . Markets look like they just want to tread water and gold price is doing the same. We are probably in an inbetween period where there has been some movement on tariffs but not enough to get Asian markets excited and we have UK election sorted but we are now waiting on Boris getting Brexit done so may tread water till then and Trump's impeachment having zero effect on anything as it is a pointless waste of time as he will not be removed. I actually see it improving his chances of a second term , and with his verbal track record we should see this as a positive for the gold price. There has been little movement on North Korea , but that was always going to be the case, as Trump only after photo opportunities and not serious in solving the underlying issues with dissarmourment. And now US out of Syria, we will see the issues there fade somewhat.
    So maybe we wait till early 2020 to see any movement one way or the other.
    Merry Xmas .

    Christopher
 
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