Several points: 1. Rate-hike talk, is louder and louder; most important thing being, US dollar is moving up firmly. 2. Daily chart of gold in USD: MACD(price momentum) turns down, deadth-cross is imminent; price overlap with previous peak ------ UGLY! Looking forward to a retest of 1,200 USD/oz SOON. And more likely than not, the test will fail and see ya under 1,100 USD/oz before July.
Two more old pubs in Melbourne becoming apartment blocks. CFA gets front page on The Sun about "audacious" pay increases. Teachers now lining up for more of the same. Health Fund increases double CPI. Germany taking home another 13 billion of their gold from New York. Fed pouring petrol on the fire. Gold not worth owning? Yeah sure.
"What's coming down is the fruit of the gross mismanagement of our society since it became clear in the 1970s that we couldn't keep living the way we do indefinitely that is, in a 24/7 blue-light-special demolition derby. It's amazing what you can accomplish with accounting fraud, but in the end it is an affront to reality, and reality has a way of dealing with punks like us. Reality has a magic trick of its own: it can make the mirage of false prosperity evaporate."
I'm working a double shift today. Saw this great movie on the weekend. Who else liked 'Split' ? My car got written off by Insurance company last week. Mum's cat stayed at the Vet's all day recently. I like coins .....
All I know is Spot is an evil bastardnand doesn't listen to anybody , never had any obedience training I don't own a dog :lol:
There is a death-cross imminent and you people are all carrying on as if it is nothing!?!?!? What is wrong with you? It's a @#$! DEATH-CROSS and it is IMMINENT! Which of those words don't you understand? Wait... it's a deadth-cross... carry on