RE: Gold @ $30007 Apr 2020 08:35
Nice to start the morning at $1700. I have learnt from being here for soooooo long that the POG on a daily basis means little. But this upward trend and sustained price above $1500 is a positive at the end of the day. The virus has thrown a curve ball that no one could have foreseen and yet the SP has held. Looking at passed performance that really is an encouraging show of strength. No one more than me wants the SP to rise, but when all around are struggling and many going to the wall. HUM continue to churn out the shiny stuff at a greater level then it ever has, and at a greater sustained value than it has been since production started. The market is the market and I confess to still not understanding most of it. However I remain more optimistic than I have for a long time, as we approach probably our best quarter results so far, and gold in this climate would due to most indicator be only going to increase in value, even more so than it already has. GLA and look after your most important assets, yourself and your dear ones.