I SOLD A LITTLE MORE..................i made my % AND WAS HAPPY.........................................it can go down as fast as it goes up ( and some times drops like a rock ) i make my % and always get out a happy man) then again im not a stacker so i make my $$$$$$$$$$$$$$$$$$$ AND GET THE HELL OUT AND START AGAIN
2ndhndgldmn I'm still trying to work out whether your really Mfcking smart or really Mfcking dumb :/ REDBACK
Lol Love your reaction :lol: Priceless Its just that sometimes you come on and ask the simplest stupid questions and at other times you portray the Guru in you. You swear like my Baltic friends do :lol: ~That actually makes me like you Wasn't my bed thats why Kiss Kiss REDBACK
PFFFFFFFFFFFFFFFFFFFT....IF IT WAsnt YOUR BED SHE musta been ugly lol............NO REPLY NEEDED NOW PFFFFFFFFFFT SAYS IT ALL i like u tooooooooooo redback (i just dont LOVE YOU lol) OR STALK YOU...................LOL ITS ALL GOOD.....HAVE A GOOD DAY
WHY ARE YOU SHOUT...ING IN THE MORN...ING!!!! ARE YOU DOING A BRICK TAMLAND IMPER..SON..ATION Take care my friend REDBACK
bloody keyboard sticking (early morning cuppa spilled on the cap lock button) i smacked it just now and its a working...............ill have to get a new one 2 day............have a good day redback and happy stacking to you(i was in melb thurs and wow it was cold yesterday................heres hoping you guys get some warmer weather down there.............cheeeers mate]
Cool next time you come to Melbourne ill shout you a coffee And we can trade insults over the table lol Your a good sport Take care REDBACK
ill take ya up on it.cheeers redback take care best wishes and kindest regards mc2ndhandgoldman lol cheeers
"Maybe more of what is causing this rate to be low are factors that won't be rapidly disappearing but are part of the 'new normal.'" Janet Yellen, 15 June 2016 Probably the smartest thing that the public can do, in the US and the UK at the least, is something that changes the basis of this 'new normal' that the professional plutocrats find to be so comfortable for themselves, if not for their broad constituencies. Gold took off higher today and cracked up above the 1300 level. And it had run quite far in a short period of time, and those who trade the precious metals like paper currencies were seeing some nice opportunities for a quick whipsaw, and they took it. So in a fairly short period of time gold was smacked back down about $30 intraday as the algos did their thing, and the thin specs started taking profits and then dumping positions. And unless you are a daytrader this does not matter much at all. It was not unusual for gold to get rejected at the 1300 level This has been the story for quite some time, as well as the old support and resistance at 1280. http://jessescrossroadscafe.blogspot.com.au/
Bump again.. We have reached the highest ever AUD gold price recently, but I had trouble finding details.. it was the other week wasn't it? Does anyone have a link to this info, or a chart that shows the intra-day highs?
Actually it was around 50c near 2001. http://www.tradingeconomics.com/australia/currency I think 60c is very possible. That could be what puts gold here over $2k
POG was low then in USD and AUD terms. Hewson predicted an AUD fall to 50c if memory serves, in the first GFC 2008. Opposite happened. So much for a PhD in Economics. This time it is the Euro that may collapse, for different reasons. Interestingly, it reached its all time high versus the USD in July 2008, right before Lehman Bros filed for chapter 11. Back then, the issue was subprime US realestate. We have this problem and in the West of our country, more supply is coming on market, but not that many people are in crisis, so many are holding out for a better price. There is no stampede for the exit as there was in the US situation in 2008, yet. My guess would be a Chinese crisis that would catalyse our own. But for now, the Euro stands as the obvious next domino and that should in theory push the POG up in Euro terms and indirectly in AUD. Armstrong has a theory that the unstoppable rise of the USD will mark the end of the existing reserve system. Maybe this could arise from debt destruction, ie supply is destroyed, aka "deflation" or maybe due to demand in an all out herd panic egress from the Euro. Logically, gold benefits too.