The futures markets actually over ran the Shanghai gold price, for a brief period, but Shanghai has kicked away again, with another $US50 rise, currently around $US2304.
This is starting to feel more than a wave, followed by a pullback with a trough, and more like a Tsumani, where the water pressure just keeps on rising, and rising.
I can see $US2500 before long, and if that happens, then we will be moving into a whole new gold paradigm.
Seat belts fastened!
Open price of nst tomorrow, page-56
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$13.71 |
Change
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Mkt cap ! $15.75B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 110631 | $13.70 |
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| Price($) | Vol. | No. |
|---|---|---|
| $13.71 | 48528 | 3 |
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| NST (ASX) Chart |