Asking why the indicies pushed gold down to $1200.
Only to steady when the US had one of there best NFP results.
Also asking why the POG should rise or even hold with another rate hike.
I still see it a suckers lift over the last 2 days.
I plan on being in cash by end of trading tomorrow.
Interesting story on the ABC last night.
Plenty of low paying jobs available in the US.
Not as bad here but economies need wage growth.
This would see inflation lift as well.
Hard to see wage grown with companies screwing employees.
With the governments help.
Cheers
BDR Price at posting:
28.8¢ Sentiment: None Disclosure: Held
