GOLD 0.51% $1,391.7 gold futures

can anyone else see, page-3

  1. 804 Posts.
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    NCM a good proxy for gold mining here and is tanking a bit

    truth is ClevorT I think we have all gone fundamentalist now

    the KGX is up over the last few weeks
    Sinclair is counting down (what's that about - another "bank holiday" at the Fed?)
    inverse head and shoulders and megalong cup and handle for the TA afficionados
    then theres the concentrated commercial shorts on Comex looking to clean up but looking like they could get cleaned up
    and then there's the Chinese worried about their USD cash
    and then .....

    its all a bit distracting isn't it

    I don't think there's too much to worry about

    my guess is that sometime soon most cash (as in all currencies - the USD will still be one of the better ones I reckon) will not be worth investing in and the world will look to keep its money (gold) in its vaults, start wondering about all that money out there in the ground out there in Oz either sitting around wrapped in JORC paper or being made into bars as they dig it up.

    go fundamentalist - keep the faith!
 
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