$2600 Gold

Discussion in 'Gold' started by slavaja, Feb 24, 2020.

Page 6 of 6
  1. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    5,413
    Likes Received:
    3,514
    Trophy Points:
    113
    Location:
    P!MP land-Seedeneey
    Can someone start $2700 thread... we should all move there
     
    bubblebobble2, Mar 9, 2020
    #101
  2. maverick

    maverick Well-Known Member Silver Stacker

    Joined:
    Mar 14, 2018
    Messages:
    371
    Likes Received:
    256
    Trophy Points:
    63
    Location:
    Sydney
    True dat!
     
    maverick, Mar 9, 2020
    #102
  3. slavaja

    slavaja Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2010
    Messages:
    1,074
    Likes Received:
    748
    Trophy Points:
    113
    Location:
    Melbourne
    And we re back @$2626
     
    slavaja, Mar 19, 2020
    #103
    66rounds and Silver260 like this.
  4. Silver260

    Silver260 Well-Known Member Silver Stacker

    Joined:
    Dec 11, 2014
    Messages:
    368
    Likes Received:
    522
    Trophy Points:
    93
    Location:
    Queensland
    Yea, AUD is tanking. I'm hedging that the USD will move downwards though, in a few months, as the impact of low oil prices ( effecting shale oil businesses) and low consumer demand, starts creating bankruptcies.

    If China goes hard on output , we could benefit from resources. Recreating the GFC cycle??.

    What a crazy ride this is :D
     
    Silver260, Mar 19, 2020
    #104
    66rounds, heartastack and sgbuyer like this.
  5. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,984
    Likes Received:
    3,391
    Trophy Points:
    113
    Location:
    Melbourne
    Hope you're buckled up tight.
     
    66rounds, Mar 19, 2020
    #105
    Silver260 likes this.
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    Gold still down in SGD . About the same price as during the Iranian crisis.
     
    sgbuyer, Mar 19, 2020
    #106
  7. slavaja

    slavaja Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2010
    Messages:
    1,074
    Likes Received:
    748
    Trophy Points:
    113
    Location:
    Melbourne
    Bunch of happy campers in AUS
     
    slavaja, Mar 19, 2020
    #107
  8. heartastack

    heartastack Well-Known Member Silver Stacker

    Joined:
    Sep 2, 2010
    Messages:
    2,666
    Likes Received:
    3,041
    Trophy Points:
    113
    Location:
    Melbourne
    At the moment, if I were in Aus I would prefer a stabilising economy than a rising gold price even if I had 100% in gold. Only because I would want job security and not have to use it..
     
    heartastack, Mar 19, 2020
    #108
    sgbuyer and Silver260 like this.
  9. Silver260

    Silver260 Well-Known Member Silver Stacker

    Joined:
    Dec 11, 2014
    Messages:
    368
    Likes Received:
    522
    Trophy Points:
    93
    Location:
    Queensland
    At this stage, Golds rise is simply the result of the Reserve Bank dropping rates to 0.25.

    At this rate we'll have negative rates soon.... Hey @mmm....shiney! :p
     
    Silver260, Mar 19, 2020
    #109
  10. slavaja

    slavaja Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2010
    Messages:
    1,074
    Likes Received:
    748
    Trophy Points:
    113
    Location:
    Melbourne
    At least we still have a HOUSING BOOM!!!!
     
    slavaja, Mar 19, 2020
    #110
    bubblebobble2, Silver260, heartastack and 1 other person like this.
  11. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    5,413
    Likes Received:
    3,514
    Trophy Points:
    113
    Location:
    P!MP land-Seedeneey
    And MINING BOOM!!!
     
    bubblebobble2, Mar 19, 2020
    #111
    slavaja likes this.
Page 6 of 6

Share This Page