I like the chart for gold cash price... Looks to me that the November low was tested again in December and it's been up from there.. That looked to be a 6 year bottom in the $1045 - $1047 range... I believe production worldwide was down about -8% last year listening to the talking heads on TV... <<<---- Should help keep the floor in... LSG looks positioned well to take advantage of any price increases, and we're already up 5%-ish off those lows... Not to mention still cash flow positive at those lows anyway... Nice little find here... Best regards...
The gold market is showing some early signs of recovery mostly driven by the drop in long term interest rates and rise in the risk aversion in the markets.
Gold also surges on global cues, wedding season demand -
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