The Current Gold Price Is A Gift - by Egon von Greyerz October 12, 2016
Two millennia ago according to the bible, three wise men came to offer Jesus the gifts of gold, frankincense and myrrh. The peak of the Roman Empire is considered to be at the time Jesus was born although it took until 476 AD until the Western Empire finally fell.
Today, just over 2000 years later, we might be standing at another historical peak in the global economy. There are certainly many similarities like deficits, debts and decadence. Just like the Roman Emperors, current leaders have illusions of grandeur of a magnitude that the world has never seen before.
E.g., - CALVF Chart LT very undervalued and oversold -
E.g., - CALVF bullish 1.7786 - TA CALVF in a bullish TI goldcross -
Charts by stocktrademan' on 'Caledonia Mining Corporation (CALVF) thank you - very good info -
Caledonia Mining trades in 3 markets and in three different currencies. Half the shares are traded in London, so the daily price gets set there.
So the run in Caledonia Mining that started with Brexit continues.
Here's a 4 month daily chart showing all three stocks:
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