Caledonia Mining Corporation (CMCL)

[NYBob]

Gold is up for a fourth consecutive session, underpinned by safe-haven demand.
Ongoing concerns about falling oil and stocks, as well as worries about
Greece have all contributed to the flight to quality.

Oil slid to new 5½-year lows as Saudi Arabia cut its official selling price
to Europe.
Brent spot ticked below $51 for the first time since 2009, while WTI
traded below $48.

The DJIA plunged by more than 300 points on Monday and is down
precipitously again today (-220 pts currently).
Energy companies make up about 10% of the large-cap market, but the
decline in oil is perhaps more significantly a harbinger of slowing
economic activity. And that's an ill-wind for the broader market.

A lot of money flowing out of shares is at least initially going into bonds.
The 10-year yield plunged below 2% for the first time since October,
reaching a low of 1.89%.
That's just 3 bps off the 52-week low. This is not market that expects
the Fed to hike rates within the next six-months.

Given the low yields in the bond market, don't expect all that money to
stay parked in Treasuries indefinitely.
Some of that capital is already finding its way into the gold market,
and more is likely on the way.

i THINK the republicans want higher interest -
in 79-1980 gold went high for interest rates went from 8-18% -

history often repeat itself -

WE see that every day when the DJIA going down -

the traders look for safety and the profitable low cost gold producer as
CALVF going UP -





http://web.tmxmoney.com/quote.php?qm_symbol=CALVF:US

http://web.tmxmoney.com/quote.php?qm_symbol=CAL
God Bless