EVN 0.45% $4.47 evolution mining limited

what is going on ?, page-21

  1. 1,034 Posts.
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    Physical gold/silver and paper value will be two different values by the end of the year Instos are riding this now and dumping paper comex trades in the millions (and without an eyebrow being raised by regulators) while on the other hand buying physical wherever they can find it. The next few weeks will be a hoot as us private mums and dads and self considered sophisticated investors come to the realisation that we've been duded. Happy to be told Im wrong but every indicator that says gold should be at 2K is being ignored as instos and CenBanks dump paper issues driving down gold EFTs in favour for physical. Gold will become a currency to trade between countries for other commodities IMO in the future. Have a look at exchange rates do they make sense? EVN is a producing profitable LT mine and at the end of the day somethings only worth the paper its printed on. Im not ramping Im just saying.
 
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