GOLD 0.51% $1,391.7 gold futures

bloomberg article, page-11

  1. 837 Posts.
    I think gold has longer to go. Gold is taking over as the currency of choice. Gold used to be mainly a US dollar hedge, well in the last few weeks, the world has realized it as a global currency hedge, just ask any Aussie, they thought that the AUD was almost as good as gold, and it was when you included interest from savings accounts, but that view has now be absolutely smashed this week with gold now at $1400AUD. I think gold is going much higher.
 
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