$1700 US Gold
- Thread starter fishball
- Start date
Au.Ag.Mzch
New Member
hem9 said:I cant believe the 5x 1oz premium coins i ordered a week and a half ago are more 200 under spot!
I bought a 5oz gold bar from goldstackers.com.au for my parents yesterday arvo and I was kicking myself for not buying it on Sun night when I would've got it for $8122.
24hrs later and the same bar now costs $8,933 :O
Silverthorn
Well-Known Member
Diablo21 said:
jim sinclair. I don't think he meant straight away more the rate of ascent would start to increase more and more.
Dabloodymess
Active Member
greenlantern said:
I have heard it explained like that as well i.e. You cant trade your shares for gold or anything else without selling and 'transiting' through US Dollars.
On the international trade market when I buy or sell 1000000 tons of aussi tin to russia,or anything else to anyone,it has to go though the international currency,USD.When those trades stop because of fear,the money ends up in USD.So there is a big demand for USD and it goes upDabloodymess said:
I'm ready to pull the trigger on another purchase, but Turd thinks there may be a cartel raid between now and September 14.
http://www.tfmetalsreport.com/blog/4160/storm-flags-flying
http://www.tfmetalsreport.com/blog/4160/storm-flags-flying
:|
Just have to hope the two move in tandem though.GoldenEgg said:
I wouldn't be trying to predict the future of the AUD based upon the price of commodities alone nukz. 
There are too many variables at play now that make such a tactic too simple. The price of the AUD continues to both confound and not surprise the pundits. A quick scribble on the charts and if we ignore the price of iron ore and coal, but instead consider the QE policies of The Fed (in green) and the BOE (in yellow), we can see another possible explanation for the surge in the Plastic Fantastic. And this doesn't even include China's surge in domestic demand which created the commodities demand post GFC, our strong cash rate and financial/political stability and the Euro crisis which began in late 2009.
These variables - QE, China, RBA cash rate, Euro crisis and strong economic indicators are all contributing to the strength of the Aussie. The crash of one of these variables alone may not be as devastating as some believe. After all, if you really need more proof of the ability of a zombie currency to walk and breath and survive in the land of the living, then look no further than the putrid Yen, a brand name that is able to exist independently of any connection to reality of the economic health of its parent nation.
Sure a dip is possible, but then again, you can still get over 4% from ANZ for your deposit.
There are too many variables at play now that make such a tactic too simple. The price of the AUD continues to both confound and not surprise the pundits. A quick scribble on the charts and if we ignore the price of iron ore and coal, but instead consider the QE policies of The Fed (in green) and the BOE (in yellow), we can see another possible explanation for the surge in the Plastic Fantastic. And this doesn't even include China's surge in domestic demand which created the commodities demand post GFC, our strong cash rate and financial/political stability and the Euro crisis which began in late 2009.
These variables - QE, China, RBA cash rate, Euro crisis and strong economic indicators are all contributing to the strength of the Aussie. The crash of one of these variables alone may not be as devastating as some believe. After all, if you really need more proof of the ability of a zombie currency to walk and breath and survive in the land of the living, then look no further than the putrid Yen, a brand name that is able to exist independently of any connection to reality of the economic health of its parent nation.
Sure a dip is possible, but then again, you can still get over 4% from ANZ for your deposit.