Since the yanks are looking likely to raise base rates again it is not much of a stretch to predict a US$ rise so I have to say Duhhhh.
The POG in its inverse relationship with the US$ will seem lower because it will take less US$ to by an ounce of Gold but in AUS$ it won't move much at all.
Sandy I have been reading our obsession with shorting Gold and I must say I have seen an inverse relationship between your posts and the POG.
When Gold moves up you are nowhere to be found, quiet as a church mouse. As soon as it drops you appear magically and start trumpeting falls to 580 or 450.
It makes it hard to respect your opinions when your posts seem to be opportunistic and idealogical rather than reasoned and logical.
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