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[ATTACH=full]100820[/ATTACH]Just hope there is no rise in yield.In the short term, I would not expect any rise, rather, a fall, which for gold would be very positive. Longer term however, as the lowest CapEx since the 1950's takes root in oil producers and production levels fall, the imbalance in supply/demand will see the oil/gold ration move against gold.That will be seen as inflationary, which could, drive yield higher.jog onduc
[ATTACH=full]100820[/ATTACH]
Just hope there is no rise in yield.
In the short term, I would not expect any rise, rather, a fall, which for gold would be very positive. Longer term however, as the lowest CapEx since the 1950's takes root in oil producers and production levels fall, the imbalance in supply/demand will see the oil/gold ration move against gold.
That will be seen as inflationary, which could, drive yield higher.
jog on
duc
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