Discussion in 'Gold' started by slavaja, Mar 4, 2020.
Cast your votes and comments! Gold priced in AUD in the next three months
Define short term.
The next 3 months
In comparison to USD?
My thoughts are that share money may go into gold, but at the same time gold will be sold to replace cashflow. I voted sideways.
I vote higher but in the very short term of 1 month it may fall or go side ways but surge towards the end of the “short term” as real panic sets in. My wild Guess only only..
There will be some retail selling of physical gold but it will be more than offset if the billionaires start to panic and sweep off all the kilobars. It doesn’t take a lot to make all retail gold bullion go out of stock and the panic FOMO physical grab will begin.
If people can grab toilet rolls, they can grab gold. The reason it hasn’t started is because the smart money are still buying secretly.
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