Gold just hit AU$1600

Discussion in 'Gold' started by SilverDJ, Jan 22, 2015.

  1. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    Gold just hit AU$1600, and the all time high is only $1781 or so in Sep 2011.
    So only about 10% below that record high.
    Just say'n.
     
  2. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    thanks for the scoop
     
  3. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,516
    Likes Received:
    638
    Trophy Points:
    113
    Location:
    Australia
    My SMSF may be above water :)

    I wonder how long it will last, I am going to make the most of it now by gloating at my wife.
     
  4. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    The theory seems to be working!
     
  5. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    GSR dropping.
     
  6. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    AUD falling.
     
  7. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    The world keeps on turnin.
     
  8. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    I don't think the AUD will fall below the 80 cent level without a RBA interest rate cut. That could come early next month
     
  9. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,516
    Likes Received:
    638
    Trophy Points:
    113
    Location:
    Australia
    Need the GSR to drop to about 45, 72 at the moment isn't too bad though.
     
  10. mmm....shiney!

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

    Joined:
    Nov 15, 2010
    Messages:
    18,678
    Likes Received:
    4,439
    Trophy Points:
    113
    Danger Will Robinson!!!

    [​IMG]
     
  11. Jislizard

    Jislizard Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,516
    Likes Received:
    638
    Trophy Points:
    113
    Location:
    Australia
  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Hats off, gold is back down gain.
     
  13. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    It has a habit of retreating between the Asian and European sessions
     
  14. SovereignBuyerMelbourne

    SovereignBuyerMelbourne Member

    Joined:
    Aug 17, 2014
    Messages:
    203
    Likes Received:
    0
    Trophy Points:
    16
    Is a correction likely do you think? I'm trying to figure out if I should sell or buy.
     
  15. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    Whatever you end up doing, you'll regret :p
     
  16. silver kook

    silver kook Active Member

    Joined:
    Dec 1, 2010
    Messages:
    1,119
    Likes Received:
    1
    Trophy Points:
    36
    Location:
    Australia
    Gold has just fallen below $1600. SELL SELL!!!
     
  17. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    [​IMG]
    Source: Pivotal points from Jim Sinclair
     
  18. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    [​IMG]
    Source: How it works
     
  19. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    I just bought some.
    I think it has a way to go up yet. Wouldn't surprise me if i cracked the record in the next few months.
    But I'm equally likely wrong just as those who say it will go down.
    A month or two ago it seemed like practically everyone on this forum was signaling doom and gloom for metals, down down down, they were all wrong.
    Everyone's call is little more than a coin toss, regardless of how much they try and justify the analysis.
     
  20. Argentum

    Argentum Well-Known Member

    Joined:
    Nov 7, 2010
    Messages:
    1,970
    Likes Received:
    40
    Trophy Points:
    48
    Location:
    Australia
    Sideways... anyone?
     

Share This Page