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$1,391.7 gold futures

Gold over $1800 per ounce aud, page-138

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AverageJoe

43,851 Posts.

1030

08/07/16

00:31

Post #: 18221292
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Originally posted by eshmun ↑

Already had that discussion in January and put the charts up in December, but not many listening.

http://hotcopper.com.au/threads/bdr...18832/page-1970?post_id=16881174#.V35hVpBJntQ

It hit its peak and I got in, made my money, and now I'm out again. Just wish I had have gone in with even more conviction and killed the pig. It was the most obvious trade I have ever come across in my life, should have backed the truck in much harder. To me some of these good Aussie gold stocks are now the obvious money makers for the foreseeable future. Play the long game and win. Those good margins aren't going away in my opinion so it just comes down to how they run there businesses and how long you are prepared to sit on them. Eshmun

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Could you please explain the logic of the gold oil ratio please? I went back to your chart and I could see it hit a low in 2015 but I am trying to make sense of this ratio. Thanks.
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