GREY:RNKLF - Post by User
Post by
factRbeston Apr 13, 2017 9:14am
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Post# 26116893
If there is any consolation
If there is any consolation to RNX not reacting to the move in gold.
Not many junior producers or explorered did.
Propably the main reason is what cause the spike and that was the perceotion that the US dollar would weaken.
Basically any gain in gold will be lost in the exchange if the US dollar does drop. If the dollar does not drop then gold will retreat. So bascially a zero sum game.
Sorry no boom boom today.
FYI - North Korea - Might want to read up on what China is doing. (Hint-They are dealing with it)