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0.51% $1,391.7 gold futures

"the beginning of the end for the gold shorts", page-12

  1. rowingboat
    3,382 Posts.
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    26/04/13
    00:29
    Post #: 11687530
    "What's different now?"

    In a nutshell, the high AUD.
    In 2008 the AUD collapsed much more than gold priced in usd.
    The $A gold price soared by 38%.
    This is what's desperately needed again for our local gold producers, ie weaker aud/usd exchange rate in 2013
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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