Gold Just Hit AU$2,000

Discussion in 'Gold' started by GoldenEye, Jun 20, 2019.

  1. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Good post Silver Soul.
     
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  2. alor

    alor Well-Known Member Silver Stacker

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    mmm....shiney! likes this.
  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    Pretty close Shiney but I'm seeing Dec 2020.

    Especially like the point on AUD devaluation. Definitely on the powerpoints at the RBA meetings I'd expect.
     
  4. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    2020? That's quick. 50% rise in 18 months? I hope you're right as that brings aspects of my retirement plans into fruition earlier than I'd expected.

    @alor , cardboard lambo! :D
     
  5. JulieW

    JulieW Well-Known Member Silver Stacker

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    Shortly after Trump is re-elected is my prediction.
     
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  6. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    That's another USD20.00 rise this morning for gold due to Asia and a slowly deflating AUD.
     
  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Dropping below support. May test the low 60's (from 2009/2009), then I guess it's mid-50's (from back in 1998). Looks to be fair bit of support in the low 50's just from looking at the historical chart before we get down to 0.48c again.

    Screen Shot 2019-08-05 at 1.12.06 pm.png
     
  8. JulieW

    JulieW Well-Known Member Silver Stacker

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    Funny thing about history and those support lines isn't it.

    I've been expecting to see low 50s ever since the AUD hit 1.07 against the USD. I wanted to go all in on the USD-AUD but the fear factor kept me from doing so. The balance was be a bit better off, versus a lot worse off and that gamble I'll not take. Still the USD gold price was helpful! lol
     
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  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    They were sweet times to be buying Au in AUD. Golden dollars? :p
     
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  10. SilverDJ

    SilverDJ Well-Known Member

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    USD gold still cracking along, well above all previous highs for the last 6 years.

    upload_2019-8-5_14-52-45.png
     
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  11. mrsilverservice

    mrsilverservice Well-Known Member

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    $2,200.00 Gold today :D

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    The Book of Psalms Chapter 46 verse 10

    Be still and know that I am God,I will be exalted above the nations,I will be exalted in the earth :)
     
  12. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    GSR heading back to 90 on the back of gold's increase...
     
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  13. JOHNLGALT

    JOHNLGALT Well-Known Member

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    We Can get over $2,000 pretty quickly, all we need is a bit more Q.E. LOL.
    Clarke & Dawe explain how it works in about 2 minutes.

     
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  14. mrsilverservice

    mrsilverservice Well-Known Member

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    Gold $2,200.00 today :D

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    The Book of Psalms Chapter 55 verse 22

    Cast your burden upon the Lord,and He shall sustain you,He shall never permit the righteous to be moved :)
     
  15. mrsilverservice

    mrsilverservice Well-Known Member

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    Someone owes me an ounce of Gold :D right again :)

    Gold $2207.89 :p

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    The Book of Psalms Chapter 57 verse 11

    Be exalted O God above all the heavens,let your glory be over all the earth :)
     
  16. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    $2212...................plenty more to come>>>>>$2300 in two weeks
     
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  17. mrsilverservice

    mrsilverservice Well-Known Member

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    Market Closed.

    What another great week for the yellow metal soaring as high as $2,240.00 :D finishing the week at $2204.00 :)

    AUD - $0.68

    Golds short term future looks very good to me with the trade war between the US and China ramping up even more with POTUS putting another $300B of tariffs on Chinese imports,plus there is a plethora of global issues lining up to help push the metal higher :D

    The world today seems to be unravelling everywhere you look :confused:

    Would I buy more gold,yes I would :p

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    The Book of Ephesians Chapter 5 verse 11

    And have no fellowship with the unfruitful works of darkness,but rather expose them :)
     
  18. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Protect Your Money Before It's Too Late - Rob Kirby on Reluctant Preppers.
    One of the sharpest knives in the drawer.


     
  19. dragafem

    dragafem Well-Known Member Silver Stacker

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    So what will gold do from here?
     
  20. 66rounds

    66rounds Well-Known Member Silver Stacker

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    $2000 USD within six months with silver up to $20-25 USD
     
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