Some odd trading this week. Gold up about $40 on the week and is clearly heading to test the cycle high of around 2000+, but very muted moves in the gdx and aussie goldies, gdx even down overnight. Aussie dollar also breaking out which could be weighing on things. Aussie goldies are still being super frustrating any big moves being immediately sold off. So frustrating to see profitable companies with macro tailwinds being so persistently undervalued. Hopefully should see increasing dividends with current GOP, seems to be the only way we will see notable SP accreditation.
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Some odd trading this week. Gold up about $40 on the week and is...
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