gold chat, page-98

no im the one whose optimistic mate, youre the one who keeps talkingt he gold price down and denying teh world has a problem,
i see it as a positive for me at least...........

now to your data. again i have to correct you... c'mon skol its a fair discussion.
In the last 12 months.

S&P500 +20% actual 14.91%

DAX +20% actual 16.52%

HSI +3% actual 2.69%

FTSE 100 +13.3% actual 11.7%

STI +9.3% actual 8.45%

MIB -9% actual -5.1%



lets adda few more in fairness


Australia 3.19 %
spain -17.5
china -18.7%
japan -1.02%

see there are statistics and there are statistics.


source : http://www.tradingeconomics.com/stock-markets-list-by-country

USD Index +12% -- the Us$ is being bought as a safe haven by fund managers skol, that accounts for its rise. same as the ausie $
bought up big as we are seen as safe with AAA ratings
Traditionally a commodity currency like ours would have tanked. in a slow down. but this is more evidence of more serious probkems, money is tryingt o find safety and its behaving unusually.




Gold -16% you say is down 16%... where is your maths skolly
current price $1620. 12 months ago $1750 = -7.4%

read it agian -7.4%

sticking to a 12 month time frame helped you a lot in that, but you still fudged your figures... surprisingly
for someone sure we are not doing bad at all

Silver -30%

current price $28.13 last year $39.34... - 28.49%

so i'll give you silver.

but i dont consider silver as desirable as gold as its not easy to store or transport.