Hot / all17 Nov 2014 00:40
Hi Hot I’ve reading something about the Swiss maybe having to buy tons of gold, literally tons, like huge amounts!! Re something to do with stabilizing the Swiss franc. ( it a long story ) but there is going to be some sort of vote in two weeks time. If it’s a yes vote, gold price will rocket, maybe that accounts for the recent volatility.
On another subject there is talk that oil its likely to drop no more than another 5 dollars a barrel. maximum If that happens the Saudis and the US intend to cut production right down to put a floor under the price.
Hence then a price hike again, this could happen within a short time frame allegedly, will watch and keep an eye open for both. These stories were in Investor Chronicle this week so do have some credence.
Opti