I must admit, I can't find anything to suggest anything unusual or disruptive is going on in the short term. I also cant see China doing anything that might upset the apple cart in the short term because of their slowdown woes. So maybe the gold buying is just a temporary reaction to recent news and the price of gold will come back down because of the low inflation environment?
Here is some reasonable commentary on the situation:
http://video.ft.com/4689818898001/Measuring-threat-of-China-meltdown/World
- Forums
- ASX - By Stock
- XJO
- Committee - Friday
Committee - Friday, page-17
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
(20min delay)
|
|||||
Last
8,150.0 |
Change
-55.200(0.67%) |
Mkt cap ! n/a |
Open | High | Low |
8,205.2 | 8,205.2 | 8,107.6 |
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
XJO (ASX) Chart |