POG The price of GOLD has a major affect on JRs since it is the resource. However I have found that after a correction there is hesitance because investors get more cautious.
This is proof in the pudding over the last week, the price of Gold has recovered almost $100 an ounce. It does affect the producers first I'll admit.
If you have been watching things closesly you will see that the market is slowly turning around with Gold. If Gold holds and slowly creeps up it's like the corner just before the straight away in Nacar!!
slowdown gear down and then.......... punch it!!
it should be........God willing........should be a good month but after the election I'm not sure where this thing is going