Hello All30 Nov 2016 21:13
IsolatedBod, I know nothing about Mongolian Gold. Sorry. The reason I invest in African Gold is because I "think" I understand Africa. Don't laugh! I know it sounds ridiculous! I am very scared of behind the iron curtain stuff! Life is really corrupt with no recompense there, my friends in the oil business can tell you.
I agree with your argument to equate POG or gold to crack cocaine, or something like that!
But over and above what factors we use to explain POG, the most important is the overall gold cycle. We are in the grips of the biggest gold run ever. Yet it does not feel like it yet. The world economy wherever you look is performing poorly partly due to central bank mismanagement, particularly the FED. QE was the poison and the few big players became mega-rich! enough said!
Relax, SA is not an unknow-unknown - as easy to read as Whinny the Pooh! Relax and make some money there, it is resource rich, believe me! Going back to Cecil Rhodes and Barney Barnato etc...