highly leveraged play on aud gold price ..., page-108

Hi chicken. Just to add a little something to champs post in case the Chinese thing wasn't fully explained. The Chinese being the largest buyers of gold at the moment are on new years holiday this week and some of the gold bears were of the opinion that the gold price might sag in their absence. The thinking now is that because the gold price has held up so well this week it looks good for the Chinese return to the market next week. For the regular SLR readers the gold thread has plenty of news and theories regarding gold but be warned and prepared for some serious gold bears who are extremely pessimistic hahahaha. DYOR GLAH
Tommy