Ann: Appointment of Chairman and Director Resignation-ABU.AX, page-27

G'Day P.B. - As ABU is closely tracking the POG-the data point to watch this week
will be the Non Farm Payrolls for June-Released Friday in the US.
164,000-Was Predicted For May-Actual 38,000-LOL .

Job numbers are an important Metrix of evaluation for the Fed to determine if rate rise
is justified, the May numbers were interpreted by market as a postponement & reduced
risk of a rate rise in the US & as a result the US-POG Spiked & Rallied.
Here we are again
178,000-Predicted for June- What will the Actual number be ?, except imo this time
round the majority don't believe a US rate rise is imminent or even likely in the medium
term, (The Fed has milked this for all it was worth over approx. 5 years ).

I fact as they the FED-can't raise rates if things deteriorate they the US-FED, have very
little room to lower rates before they follow the trend into negative rate's, this would
crush market sentiment & result in the POG going ballistic, ironically should they instead
run the printing press & introduce Q.E-Four it will reduce the USD & the POG will soar.
( A Catch 22 situation unfolds -the POG -Becomes the beneficiary either way )

The safe haven play we are currently seeing is likely just the beginning as the FED
has backed its self into a corner.
Either way the Whole Gold Sector is benefiting as the early money switches over
& places there bets !
P.S. ABU at 8.1 cents is breaking through the 200 Day Moving Average !!!!!!!!!
gltah-dyor
imo-salt