Gold pattern pointing up, page-1137

1For

Yes realestate figures, the Gold price is tied to so many different influences and after all the interest rate is certainly influenced by the property market given the big four have most of their business in the property market. The mortgage industry is not growing like it was for the banks and at the moment lots of things are influencing POG from US/Australian figures to interest rates driven by the property market. Then there is China. The banks are still sinking slowly for several reasons one being the requirement to keep more liquidity for reserves.

Anything in finance these days seems to be affecting the POG. It is like throwing a stone in a pond and watching the effect.
Very interesting time.