RE:Nice slow and steady increase inVery strong showing today given that most gold miners were down. We should be seeing all time highs pretty soon given that we have a bunch of positive news items just around the corner.
KNT is my biggest holding by far and I have no sense of undue risk with it.
It is noteworthy that gold is holding on to the near 1900 price as we head to end of June. Basel 3 has given gold a good updraught. Apart from a few dollar volatilty the bank swaps can't seem to do much.
However there may be a strong pushdown attempt just like last Thursday. A short swing with a negative headline but the longs don't let go and gold just pops back up.
Chris Vermeulen is a good tech analyst. Have a listen. He thinks 2700 gold within a year or two.
https://www.youtube.com/watch?v=mrvETaKl7AU