The gold price has really been quite strong. It still feels right to run it, now $1,185. However, funnily enough the gold miners are not responding materially, if at all. Orosur (OMI) reported acceptably this morning but has barely changed.
I am told that the price of gold really needs to go through $1,200 and look like staying up there before the junor miners will kick off. One such would be (POG) now 6.5p offer. Being greedy, I would buy this today.
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I bought Quindell (QPP) at 99p for a member of my family and, on reflection, I still would, now at 102p offer, since a distribution of 100p and possibly more is on its way. The problem is that a fog of scepticism has descended upon the price. Foolishly so in my opinion.
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Burberry (BRBY) is down 12% today on news of reluctant Chinese customers. Why not Mulberry (MUL), still above 900p? This latter is an extraordinarily rigged price.
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Finally, at this rate, Corbyn will be out of power long before any question of a General Election emerges. Quite extraordinary.