Woops,,,,,,i dont think thats a gold and market action is a good thing
Pog aud down, 1250 usd fails to hold,,,again .....after short cover rally
Poo aud rocketing skywards, bad for margins
Rates climbing, bad for those with debt
Aud smashed,,,bad for those with usd debt
AUD,,,,,well well,,,,,,,the carry trade short term traders are going to be welly angry this morning
If it can hold the low of this week at 696 it will be doing well i think.....
funny headline overnight,,,,Ukraine seeks aid from EU,,,,,why is that funny,,,,,,,,,well there have been a number of poster child small central banks this year making moves into Gold, loading up as the price falls,,getting lots of headlines,,,,,,,,,,,,,,,,and now,,,the Eukraine needs aid,,,,,BAHAHA,,,,,alot of weak economies piled into gold now asking for aid,,,,,,,,,total joke......sell boys,,,buying gold while your people need help,,,,,,,,,insane.....
This should be good,
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