G'day amoryYou said "when gold does go up - it'll take an event...

  1. 5,382 Posts.
    G'day amory
    You said "when gold does go up - it'll take an event of cataclysmic proportions to do it". I've posted the chart a number of times, gold has been going up for around 5 years, from its low it is now up 60% in US$ and around 50% in aus$.
    You also said "I don't trade the $US, but it looks happy enough to me" The US$ is in a downtrend that has lasted for a similar period, its easy to see, particlularly by the Amory I used to know who could read a chart.
    Admittedly, there are signs that there "might" be a change in trend looming, but it hasn't happened as yet.
    Seems the new amory has been so upset by his obsession with Jim Sinclair that his judgement is effected. You statements re the US$ and gold may become more correct as time passes, but at this point, to me they are clearly incorrect. Thats why I thought perhaps you were having us on :-)
    cheers
    Rod
 
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