I am a conviction buyer - I believe in Gold, and Australia as a low risk extractor of gold ..
We've been good at that for well over a century (it's just about the only thing we are good at other than Iron Ore and a bit of coal and gas) and I don't see either gold becoming irrelevant or Australia becoming a no hoper basket case producer..
There has clearly been relentless selling pressure from fundies ?? OS fundies or locals? and no conviction buyers
I started buying a bit more again the other day, but my question is when is the time to wade all in?
It's real tough when you seem to be fighting some very large instos? with very deep pockets..
(Just MO) NA
So if you bought 5 years ago you are back there, page-73
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