Re: Feb 12-14 Aftermarket lounge 2016, page-118

wow, been out trimming hedges, mowed two lawns, sprayed for weeds, soaked the corn and a general clean up and then it pours rain.. oh what a morning not bad as its all done now   just read thru the thread and must say ...... well imo it would be a waste of time to even say anything..... like what's point, in summary, as someone has put it 'a hater is always going to hate'... full stop .. as Britneek mentioned, we're a pretty tight group of like minded carefree individuals which for the most part get on quite well, so lets put this mild disturbance behind us.... lets move on and get ready for this cracker on an opening come Monday morning ... cant wait   our ASX200 is looking at opening 87pts higher which is HUGE with Oil almost 11% higher

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not sure if anyone follows or has an opinion on FatProphet .. but anyway, from a slightly longer term view they are of the belief that our gold will do well, our ASX200 will during this year reach 5800-6000, Oil is getting close to bottom, behind gold is zinc atm, blah blah and a dozen other things.

For Australian gold producers the price rally could be even stronger, as we see the potential for the Australian Reserve Bank (RBA) to move to engineer a fall in the Australian Dollar against the US Dollar during 2016. With the Australian Dollar falling against its US counterpart, the Australian Dollar price of gold looks set to reach A$1,800 an ounce.

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a few charts

Oil weekly



gold weekly

Friday's volume on both this chart as well the next had enormous volume (as an inside bar)



GDX weekly



Dow Jones - Precious Metals Subindex .. weekly



Copper weekly



Silver weekly