Worst inflation in 30-years!
msn.com
Earlier I saw POG us slightly in Europe and Asia but then it opened, as I would expect, lower in NYC. That is until the inflation news was release. This may be the turning point for gold. And it is up 21 dollars at the moment.
WHAT DOES IT MEAN FOR LBSR? As a market-analyst acquaintance used to say: "When the wind blows, every turkeys can fly." Of course, companies with having real assets of the better promises of discovery will do better than others. But it looks like a new bull market should be building under the sector and other inflation hedges.
Fasten your seat belts!