PRX 0.00% 0.3¢ prodigy gold nl

goldies up but not abu, page-4

  1. 926 Posts.
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    Graywolf,

    Down off yesterdays ann. Probably just profit takers. BGS doing same thing, also ann yesterday.

    ABU seems to lag the market in general by a day or so.

    Wait and see what happens with POG over the weekend - US non-farm payroll data out, time up for US debt ceiling (although that will hopefully be a non-event this time) and China fully back online on Monday.

    Should be good for gold whatever - AU$ will probably absorb most of any change unless its very violent.

    Interesting comment on SMH business live at 3:12 today - Goldman Sachs saying a fair value for $AU / US$ would be about 75c by end of this year. Is that a prediction or a 'prophesy' I wonder?
 
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