Having sold out of BOI after ECB meeting a few months ago. I genuinely feel that BOI is being held down by the big boys with the negative mood music around banks and negative interest rates providing easy cover to quietly accumulate stock. If I had surplus cash I would be back investing here as I think investors who can hang on will see a big re rate on this price. The German savers/pension funds will not stand for negative rates for much longer.
Thanks Trader for the advice. I appreciate your point on worker conditions. I was looking at maybe buying Australian gold. Yeah, I can't see a market that isn't being manipulated now. Hopefully it ends with soft landing like Bertie used to say.
My believe only good inv in domesday situation as we say long term it could me more then that Sorry if I'm being disrespectful the only people you could say is politicians strike gold when the get paid for there principals in Dublin ,as Germany and civil servants run the country
IMO if you think gold is going higher your better off buying the physical because you missed all the gold stocks as the are all trading at multiyear highs. Personally I like gold right now for the long term but I stay away from a moral point of view.Too much manipulation of govt. and labour bordering on slave labour especially in the Congo. btw if you are buying a gold company make sure that they don't hedge if you think gold is going higher.
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