Saturday, April 30, 2016 1:09:05 AM
if they follow the upbeat GDX index...
Demand for gold took a dive in the 1st
quarter of 2016...
http://finance.yahoo.com/news/gold-demand-asia-plummets-first-152718050.html
This link shows demand for 4 quarters in
2014 and 2015 in it...
http://www.gold.org/supply-and-demand/gold-demand-trends
Demand drop off is staggering beyond
what I would look at as seasonal...
Small gold miner sees the pumped up
higher gold price and borrows to mine
with plans of the mother lode payoff...
Demand isn't anywhere near price rise
gold price inflation...and they finally
get their gold to market when big
companies need to sell...Over supply makes
the gold price dive and little company
with goals of mother lode goes BK...
I made a super EGG buy today...
EGG buy at .85 per dozen today...Haven't
looked at EGG prices since they shot
up over $3 per dozen...And until then I
usually ate eggs everyday of every week...
That is simple example of pumped up
pricing killing steady demand...
I'm gonna eat some Eggs again this
weekend and hope it helps investing...
Gotta find some brain food somewhere...
There is a Future's pump up going on
of gold miners and gold prices...
Gotta remember that it isn't demand
driven and sell to soon when the price
starts downward and gains momentum...LJ
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