Dryblower's Groundhog Day at Diggers as gold slips into a price correction

THERE aren’t, as far as Dryblower knows, any Groundhogs in Kalgoorlie but as delegates gather for the annual Diggers & Dealers forum in the outback WA city they are forgiven if it feels like earlier years - complete with gold slipping into a technical price correction.

Dryblower's Groundhog Day at Diggers as gold slips into a price correction Dryblower's Groundhog Day at Diggers as gold slips into a price correction Dryblower's Groundhog Day at Diggers as gold slips into a price correction Dryblower's Groundhog Day at Diggers as gold slips into a price correction Dryblower's Groundhog Day at Diggers as gold slips into a price correction

The number of people attending Diggers is up, which with is a healthy sign, but prices for shares and metals are roughly where they were last August, which is rather depressing after a strong first three months of the year.

The falling gold price is also a reminder of what's happened at this time in previous years, perhaps because Europe is shut for the summer holidays.

Groundhog Day, for anyone who missed the movie is about a TV weatherman who wakes up to find that every day is identical which, when you think about it, would drive anyone up the wall.

Diggers delegates are not experiencing a full-blown Groundhog Day because this time it is a different sort of turn in the cycle, one being driven by a trade war of the sort not seen since the 1930s -- a decade wi...