China and Russia are critical of the $ as the main reserve currency in the media. This boosts Russian markets and Russian companies. Rumours of Germany secretly printing Deutschmarks. The pound technically hasn't dropped much. The rise against the $ has only been over the last 2 weeks. It's only a little below the last 8 year average. The EU is the one to watch as it has become unstable. So, sanctions are looking fragile and Zol is in a good position.
Bonus for us, would be a lack of appetite, to renew EU sanctions against Russia. Time period to watch out for, is now until the end of September. That is when China officially enters the IMF. This is where the SDR'S of the IMF replaces the $ as the main reserve currency. Hence, Cameron trying to hold on until October. There's a global plan. Keep buying gold and silver. Russian and Chinese currencies are heavily backed by gold. There's a big global power shift. China has chosen the UK for banking, which offsets the lack of UK gold. The next 3 months will be like a Roman saga. The EU will struggle. The US could do something stupid.
BM, Let us hope we have a repeat run this year, interesting to note the bid dropped on nothing and they will still pay 24p for a decent qty, yet on the buy side limits are in at full offer for 10k only,.....GL S
BM, It needs to be back on the radar and you do wonder what the chuff the brokers are doing, hopefully with the sanctions talk and it would appear the France are not the only country supporting a relaxation, the rising oil price and nat gas recovering the way it has in recent weeks, it will start to be picked up by the wider investment community, hopefully not too soon though! as I would like to add a few more in the mid 20"s,....GL S
I have also been adding in recent sessions, as the disconnect in relation to companies progress and market value is ridiculous IMHO, it is not easy to buy though, as the market are holding it very tight,.....GL S
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