Inflation high in Europe, increase in interest rates, european currency increase and USD goes down, gold and commodities goes up.
But in Australia, interst rate will go down, A$ goes down, and
price for gold producers in Australia will benefit from this!
Anyway, short term gold looks like touching 750 before it touches 850 due to the US election.
- Forums
- ASX - By Stock
- german inflation ... 27 year high ...
Inflation high in Europe, increase in interest rates, european...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online