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Gold price, page-12359

  1. 1,072 Posts.
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    Sorry guys I'm with the market on this one hui no change and at one point down. I didn't really understand the spike in gold I thought the nfp numbers were good and enough for a possible rate hike I was actually surprised the gold price spiked. At "full employment" 138k is quite reasonable. Wage growth was as predicted and unemployment rate continued to go down. Dunno why gold spiked like that. I haven't seen a case for gold yet this quarter. the Aussie miners should be counting their lucky stars the American miners have not been so lucky in comparison. (The juniors being an exception due to the reshuffle). Sbm evn rrl NST ncm ogc have been consistently going up while the hui has dropped to 190. There will be a clearer picture after jun13-14 however rationally at this point and time there is no short term case for gold other than a punt. Sorry it's the truth I know it's not what we want to hear.
    Last edited by kingharris: 03/06/17
 
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