Parabolic move in Gold?

Discussion in 'Gold' started by Ouch, May 12, 2011.

  1. Ouch

    Ouch Active Member

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    What just happened? >$10 jump. I take back everything I said about Gold.
     
  2. unfunkable

    unfunkable Active Member

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    thats our dollar tanking i think
     
  3. Graeme

    Graeme Member Silver Stacker

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  4. hiho

    hiho Active Member Silver Stacker

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    parabolic :/
     
  5. rbaggio

    rbaggio Active Member Silver Stacker

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  6. hiho

    hiho Active Member Silver Stacker

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    isnt it amazing how charts can be made to look worse than they really are
     
  7. Ouch

    Ouch Active Member

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  8. rbaggio

    rbaggio Active Member Silver Stacker

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    Some would consider the AUD vs USD losing 1c in 5 mins quite bad!
     
  9. hiho

    hiho Active Member Silver Stacker

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    I think the ascent was more dynamic, long term the A$ is worth about 0.77
     
  10. Nukz

    Nukz New Member

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    Actually last time we had the large spike up in gold in 08 cant remember exact date but that was at the same time as a huge AUD correction :)
     
  11. Silverthorn

    Silverthorn Well-Known Member

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    [​IMG]
     
  12. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Ahh the good ol' days of $600 gold
     
  13. goldpelican

    goldpelican Administrator Staff Member

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    Something's amiss with the silver chart - it's the same shape as USD in every currency but is showing the correct price in AUD. It should have just shown a massive jump in the price as well.
     
  14. rbaggio

    rbaggio Active Member Silver Stacker

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    GP I assumed that because of the scale on those silver charts, a 1c jump will just be a blip.

    EDIT: lol, see what you mean now :)
     
  15. hiho

    hiho Active Member Silver Stacker

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    :lol:
     

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