G'day all Yes gold and silver both moved up firmly in oz$ overnight. This money supply issue is beyond my understanding atm, as billy said australia's expansion was the highest of those quoted recently. What are the drivers (legit or illegit?), I mean as a prosperous nation our wealth should be increasing. Or is there an element of the govt trying to minimise the appreciation by creating more. Theres an article on gold-eagle re money supply, but it doesn't answer my questions. The chart of the aus dollar has to pull back at some point, surely. Heres the charts of silver and gold in oz$, silver looks very strong, gold appears to have done a triangle breakout. You do have to imagine the last days section of the graph line, see price at the top. cheers Rod
