gold breaks out of downtrend, page-53

G'day Skol. Well, I had a nice holiday. Whilst I was away I noticed gold went down about 4% then up 3%, or something like that.

I am still tracking your 31 March declare of 'buy indices' and 'sell gold'. I think indices down about 5 or 6 % in that time and gold down about 1 or 2%. Aussie gold is much better (as I predicted). Seems pretty easy to have gold in AUD as the strong USD is a hedge for us.

So you may end up right, but for the time being your buy indices and sell gold is a small bit on the loss. But the race is just begun.

Mind you, I am still scared of the deflationary sell indices, sell gold, hold USD.