GOLD 0.51% $1,391.7 gold futures

the next big driver of gold's bull market - , page-28

  1. 358 Posts.
    Some real good info in this thread. Thanks all.

    I find gold a bit hard to trade with the rising Aussie $. It seems the gains made re the $US are eliminated when the Aussie rises. It is interesting tonight though it has passed $1400A even with the rising Aussie..So, may be rising faster that even the high Aussie. Gold will go nuts when risk comes out of the market or the fundermentals are beginning to break.

    I think the Dow gains are a bit miss leading. Most of the companies with gains recently are gaining due to income coming external to the US. So, when these incomes are converted with the value of the $US falling, they have better numbers. A big general to be quick, but you know what i am getting at.

    I think the was something interesting in Max Keiser's Report #137 below, the second part re the interview with Jim Rickards, Jim says that the Gold price drop following Japan's earth quake was related to people selling off to meet margin calls. Interesting view. I don't know if that is true but everything fell then even precious metals.

    http://www.youtube.com/watch?v=V3NdUU1wWa4

    May not be correct, but interesting none the less.

    Good luck all
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.