There has been a few mil shares dumped by management over the last month which has in my opinion skewed the sell side. Good news is there appears to be enough buyers to keep it going. A comment from management would have been nice but then again maybe they don't want us to know why. I think gold will hover around the 1150 mark for the next few months. Yellen is an old fashioned economist that thinks she can guide the market but I'm not so sure its listening. A rise in rates could send a shock to the US consumer just when it is showing signs of confidence and could send the economy backwards. I think the market has 2 bob each way on the rate rise and it may have factored this into gold and stocks. Maybe just much ado about nothing will be the cry and it will be same old same old in 2017.
SLR Price at posting:
61.5¢ Sentiment: Hold Disclosure: Held
