RE:RE:Heading for the FTSE100?biker222 wrote: wow...now thats an interesting tidbit. well done marben!
so, if i look at gold running through 1800 resistence, and edv announcing earnings of the combined terranga/semafoe low cost machine.....then methinks FTSE 100 gets us to those universal analyst price projections north of 40 buck chuck!
now....what could go wrong?
Don't jinx it biker ! lol
$ 1835 is supposed to be the key technical level that gold needs to break out of. We are so close.
In my opinion, if it does, a $ 3 share advance for EDV would be very achievable....which would in turn invite an LSE inclusionary boost that Marben speaks of)
Bring on just a few more non-transitory inflation headlines, and maybe one more poor jobs report in teh US (=stagflation)...meaning interest rates cannot be raised any time soon to stifle inflation (and also meaning the negative real rates issue is getting worse, not better = very good news for gold).
glta
MM