Aussie gold drops below $2400

Discussion in 'Gold' started by openeyes, Jun 5, 2020.

  1. openeyes

    openeyes Well-Known Member Silver Stacker

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    Down she goes. Ouch.

    upload_2020-6-6_1-32-58.png
     
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  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  3. heartastack

    heartastack Well-Known Member Silver Stacker

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    Mandelbrot would be loving that!
     
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  4. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    I remember that feeling in the guts, when on 01-Jan-2010, I purchased off ebay, an Australian $200 Royal Australian Mint Gold Coin Proof coin for $396.00 + $12.00 = $408.00:eek:
    and not much later, on 31 August 2011, a 1985 two hundred Australian $200 gold proof coin $499 + $8 =$507.:eek:
    Crikey, I thought I've done my cash.:(
    Then years later, those 2014 Lunar Horses were for sale at a ridiculously expensive price of $1644.70 :eek:and then those little 1/10 oz 2014 Australian Kangaroo with Chinese privy mark
    took my eye for a whopping $168.10 = $9.10 postage. :eek::D

    For those folk who have purchased a few shiny coins recently, you'll hear the crickets in the grass on a summers day, but they can become silenced with a stomp of your foot. ;)
     
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  5. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    That's because "MOST" people are looking at it all wrong .
    Had this conversation with a local pawnbroker recently .
    He sold some gold coins to a customer & he came back a few days later crying o_O
    The pawnbroker asked him "how often do you check the spot price ? "
    At lest twice a day :rolleyes:
    " Your looking at it all wrong " o_O
     
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  6. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Come on Trump, make a tweet, get us back to AUD-USD parity!
    My most expensive gold was $110 a gram and cheapest was absolutely free so I'm happy paying anywhere in between that (but prefer closer to the free side!!)
     
  7. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    What I dont get with Yesterday's US payroll figures is US lost 7.5m jobs, courtesy of Trump - thank you, plus the Aprils's close to 20% data report...but still managed to shed unemployment to 13.3% in May.... how?! They just opened the lockdown a few weeks back, which lots of US companies had filed for bankruptcy...

    100% data being 'massaged' by the great Trump Houdini.


    https://www.ft.com/content/2704c8d3-0aad-46f6-9fcd-54f37bd44451
     
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  8. OneDay

    OneDay Active Member Silver Stacker

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    Maybe the police force has a few more recruits to make up for the job losses and increase the employment rate.
     
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  9. Yankee101

    Yankee101 Member

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    Would you plase care to explain in detail why those job losses were Mr Trump's fault?

    And I'd really, really like to know how he was able to 'massage' the job data as well.

    Please show us and tell us exactly how or your content is nothing but a result of TDS.
     
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  10. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    That's right, another trump pro-activist here... blame it on COVID-19... trump had nothing to do with the loss of Employment, by delaying lockdowns... he never believed COVID was a threat, even now cause his defence is some malaria drug.. yes, he's the greatest salesman on earth, that's why he never lost on any business...never proven cause you never be able to get his tax details, thanks again to his federal/supreme judge that he appointed.
     
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  11. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Listen to this


    If April's unemployment is 19.4% and add another loss of 7.5m... say you're up to 20% mark (hypothetical).. and shed it down to 13.3% for May, with the help of COVID lockdown and businesses being bust... if 7.5m for a mere 0.6% unemployment, then 20% minus 13.3% = 6.7%, so roughly 11 folds of 7.5m workers being employed.... so we're talking 82.5m being employed on official payroll... then you have other un-official workers who aren't in payroll, figures will be more.....which only takes 1 month to overturn unemployment to less than 3 weeks of opening the city.... man, it's a miracle! Sorry.. I meant to say

    " it's aTrump-iathon!"
     
    Last edited: Jun 6, 2020
  12. heartastack

    heartastack Well-Known Member Silver Stacker

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    He needs to win the election and that’s his way of talking to the electorate - he’s lost this BLM movement so he’s trying a new game. We’re going to see the worst of both sides now.
     
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  13. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    No mate, they recruited the activists
     
  14. OneDay

    OneDay Active Member Silver Stacker

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    Del
     
    Last edited: Jun 6, 2020
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  15. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    The country is in shambles, millions broke and desperate in the streets pissed and Trumpty Dumptys answer is to send in armed soldiers while the precious White House is locked down.
    Any man who thinks this idiot is an alpha Male needs his vagina examined.
     
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  16. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Nobody wants to examine his, even Melania
     
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  17. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  18. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    I wonder what's the metric called for the shortest time that someone starts blaming Trump in a thread. You know, like Godwin's law.

    Godwin's law (or Godwin's rule of Hitler analogies) is an Internet adage asserting that "as an online discussion grows longer, the probability of a comparison involving Nazis or Hitler approaches 1". That is, if an online discussion (regardless of topic or scope) goes on long enough, sooner or later someone will compare someone or something to Adolf Hitler or his deeds, the point at which effectively the discussion or thread often ends.

    Promulgated by the American attorney and author Mike Godwin in 1990, Godwin's law originally referred specifically to Usenet newsgroup discussions. He stated that he introduced Godwin's law in 1990 as an experiment in memetics. It is now applied to any threaded online discussion, such as Internet forums, chat rooms, and comment threads, as well as to speeches, articles, and other rhetoric where reductio ad Hitlerum occurs.
     
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  19. Ag bullet

    Ag bullet Well-Known Member

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    so are we going to see another series of threads in reverse order?
    - $2300 gold
    - $2200 gold
    - $2100 gold
    - WTF, sub $2000 gold
     
  20. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Sounds like a dream come true
     
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