Discussion in 'Gold' started by slavaja, Feb 24, 2020.
AUD deflated too
The 'R' word is back! Thx ScoMo!
Good time to place an order silver stackers!
Can someone start $2700 thread... we should all move there
There is still some under spot gold around, you just have to look outside the box...
And we re back @$2626
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
Hope you're buckled up tight.
Gold still down in SGD . About the same price as during the Iranian crisis.
Bunch of happy campers in AUS
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..
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!
At least we still have a HOUSING BOOM!!!!
And MINING BOOM!!!
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