I feel there is going to be some extreme exuberance on the forum in the coming days... Gold moving north after years of DOWN. Feel free to let your years of built up negative emotions run wild in this thread
LBMA 2016 Forecast - Contributors to the 2016 Forecast Survey are predicting price increase "Average" of 1.1% in the gold price. http://www.lbma.org.uk/assets/Forecast_2016_Interactive.pdf
Now, doesn't it feel better getting that off your chest.. I feel my mate Baron should be in this thread, he is very stressed after years of holding onto it.
If the stockmarkets recover, gold will go back down some. The rise will have to continue for a month before it rides on it's own momentum.
I paid average AUD $1800 per oz a few years ago - it's been below that amount ever since. I'm not excited yet
In around 2005 George Soros was in Australia and he could see gold going to $3000 oz - we're all waiting George...