Best looking weekly chart, page-1546

It is crazy, one of the best days in gold we have ever seen on Friday and we are just up 3%?! I am sure tomorrow we will probably lose that minor gain anyway. The ASX has definitely become a joke! The lack of liquidity circulating in the gold market is beyond belief. There is something seriously wrong in the Australian gold investment space. Look at the other bigger goldies... EVN, DEG, RMS etc. They all have huge sell walls like us, it is not like they are at peaks and people are taking profits, check the charts, they are almost at yearly lows, the buyers should be out numbering sellers at multiples. Very strange how it is unfolding..

They couldn't even break 3% gains and they are all producing (except DEG who are on the verge of). We all should have had 8-10% gain days with the tens of millions extra we will be raking in at current Aud high gold prices. If the US gold stocks can climb up to 30% in a day on their modest gold price increase, then the Aud goldies should be even higher % gains!

What a crazy world. Not sure what it will take? Perhaps a property crash in Aus? Or the realisation that gold is a valuable investment. Right now, unless you hold physical then it's not worthwhile. But perhaps that is all their plan? Turn people off investing in Au across the board? Try to protect western currencies and the FIAT scheme...

Eventually the trend will break? But when?!