GOLD 0.51% $1,391.7 gold futures

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  1. 3,971 Posts.
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    Hi AverageJoe and all,

    “I wonder if @Skol has been hedging his CBA position.”

    I see his CBA investment has moved from $84.92 to $72.43 that’s a bath of $12.49 per share over the last fifteen months! I admire a bloke that can take a loss like that on the chin and still think he is a winner, fit to advise others where or where not to put their own hard-earned money.

    Watching the US ten year note I was wondering when we may see it hit the 3% level as it continues to hover just below.

    Just so many things happening at the moment, trade war, a currency race to the bottom, the Chinese oil / Gold contract and the possibility of some Black Swan event. Just my humble opinion but holding physical Gold now looks like a sensible idea.

    What are you currently watching for your own hard earned fiscal powder?

    Cheers and very best regards: Andy
 
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