RE: RNS3 Nov 2016 09:32
Broadly agree with this reading on gold. I'm not invested but does anyone have any idea why RRS is down today? RNS seems very positive and POG rose overnight. At a bit of loss here?
"“Now that it’s a bit less certain that [Clinton] is going to win, we’re seeing the impact of investors finally taking evasive action – probably evasive action which they should have taken a month ago,” said Ken Odeluga, market analyst at City Index. “The caution is setting in.”
I got into gold (CEY) when it fell off its year highs by about 5-7%, with the belief that it would recover quickly due to Brexit, US elections, global instability, but have sat on losses for the past couple of months. Today is hopefully a turning point.