Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
It cant hold onto any morning highs like i have stated a number of times as soon as the Yanks open the dollar rises and gold falls back and poor old Cey ends up in the red
They dont like gold and they will keep it down whilst they can
Has anyone else seen this and is it good or bad for gold in the future
https://www.reuters.com/business/exclusive-banks-prepare-scrap-lme-gold-silver-contracts-sources-say-2021-10-13/
Share price always seems to be higher in the morning and then as soon as data is released in the Usa at 1.30 our time the price of gold and the share price falls again
Perhaps we may see a bit more interest in Gold from China now there holiday week has ended
Steve
I wish it was that easy as everybody has different theories on inflation,dollar
Interest rates etc,the dollar went down on Friday so i presumed that helped,but if rates rises with inflation so does the dollar,so why does this help gold
So i am none the wiser