Club Mulgoa

Monday, August 27, 2018

New role of Gold

Strange things are happening with gold...

Once upon a time, when there is any increase in uncertainty, or there is unsettling events (political, military or massive natural disaster), the price of gold will jump.

However, lately, it seems to be the reverse!  Trade may stabilize across the border between the USA and Mexico and the price of gold went up a few dollars!  No one seems to have a logical explanation but I am not complaining.  I have only retained mostly gold producers rather than explorers or those needing huge capital in future to develop.

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