TSX:LSG.DB - Post by User
Post by
marcel39on Mar 25, 2015 10:18am
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Post# 23558739
Gold -the big picture
Gold -the big pictureLSG has strong technical factors and continues to have good drill results. As well it is supported by increasing demand for its commodity,a dovish Fed,unemployment rates in the US which vary greatly from state to state,turmoil because of the Grexit and a deflationary trend in Europe and the U.K.The high $US has caused American exports to decrease.This will be reflected in the first quarter economic results in April.So in effect the US is importing a deflationary trend conspiring against rising interest rates.