Why gold? Paper side is fully manipulated - always has been always will be. Fiat will fall against gold as fiat devalues over time. Holding physical gold is better than paper imo. Gold miners that have great margins in a rising gold environment could do well. Consolidation should be expected. There are easier trades imo. Or buy a metal detector.
With solid NFP numbers, FED pause, RBA pause - should see XJO higher into EOY. BOJ about to raise rates just to catch up to the rest of the world. Lenders want a return on their money. .
Why gold? Paper side is fully manipulated - always has been...
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Last
8,209.5 |
Change
17.600(0.21%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,191.9 | 8,246.2 | 8,188.0 |
| XJO (ASX) Chart |