Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

http://www.sharescene.com/index.php?showtopic=8528

First 131 Last

Share
Profile

Follow
pints

54,680 Posts.

306

07/02/16

13:06

Post #: 16960913
Share

Originally posted by slange ↑

Looks like the Fed is farting against thunder now.
They can't attack Gold with a lower dollar and an economy that continues to slow implying no more rate rises.
I think that Friday's action may well have been a game changer in that gold stocks can be bought and held for longer.
It may even be time for the more speculative gold stocks to be bought.
Bearing in mind that come Monday morning some of these stocks that have had big runs without corrections are going to be monstrously overbought.

Expand

http://www.sharescene.com/index.php?showtopic=8528
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 144 more messages in this thread...

First 131 Last

Add GOLD (COMEX) to my watchlist