Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Persian Gold’s interim results for the six month period to June 30, 2009 show good exploration success has been achieved in Iran. The Chah-e-Zard gold discovery is believed to be commercial and Dalli could potentially be a small copper/gold mine. However, further progress and development has been frustrated by inaction on behalf of the authorities. As a result, Persian Gold is looking to examine other opportunities and strategic directions. (more…)