Anybody who trades UST's (3o year bonds and 10 year notes) will understand why it is time to sell gold. I have never seen a sell off like we are witnessing, market is bracing for higher inflation.
I dumped my NST yesterday after holding for years.
Even Stanley Druckenmiller has sold his entire gold holdings, at one stage it made up 30% of his fund.
(http://www.cnbc.com/2016/11/10/stan...all-the-reason-hes-owned-gold-are-ending.html)
Good luck all.
s.loeb
Fundamentals haven't changed, page-220
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Last
$15.79 |
Change
-0.040(0.25%) |
Mkt cap ! $18.14B | |||
| Open | High | Low | Value | Volume |
| $15.88 | $15.99 | $15.75 | $45.85M | 2.895M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10836 | $15.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.80 | 1226 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| NST (ASX) Chart |