GOLD 0.51% $1,391.7 gold futures

going nuts, page-200

  1. cya
    3,836 Posts.
    go to your draw and check your passport, none of you as far as I know hold USD wealth yet youre all focussed on the USD gold price

    Schiff is talking to Americans not Australians. I doubt if Schiff has ever been to Australia

    in your own currency terms its not a new high , so whats all the excitement about?

    why is it that most people here are delusional, people sit here marveling at a supposed gold break out and its all in USD, AUD is moving up as fast as gold is in USD

    this is what i meant some time ago in there not being much in it for aud gold investors, its a good hold situation or slow buy situation for physical, its ok for gold producers with offshore assets, but its of limited value aud gold producer and spec investors

    then wait for the reverse, when the currency and trade wars start in earnest

    USD will strengthen dramatically and gold will correct as the GFC 2 unfolds

    gold physical is still a good hold in these circumstances but its high risk to hold Aud specs and producers





 
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