Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD gold futures

0.51%

$1,391.7

MSM Gold jumps to near-4-month high as investors turn to safety...

First 6 Last

Share
Profile

Follow
wombat53

7,702 Posts.

11

09/02/16

01:32

Post #: 16971749
Share

Originally posted by wombat53 ↑

"
Gold is now up over 13% from its pre-Fed rate-hike lows, having surged through its 200-day moving average by the most in 2 years. As bank risk spikes globally, it appears bonds & bullion are the investment of choice once again in the face of systemic fragility concerns. At 4-month highs, gold is nearing a crucial breakout point...
After the heavy volume puke in gold after the jobs data, buyers have stepped back in size.."

http://www.zerohedge.com/news/2016-02-08/gold-surges-4-month-highs

CME TI Gold Futurex (10 min delay)

Getting to WEEKLY resistance:

US Stock index futures are sucking to hi hell, 28 mins before Mkt Open (but read my signature)

CME WTI Oil,not looking so good (whihc seems to drive US equities)

Don't know what else I can say......

Expand

MSM
Gold jumps to near-4-month high as investors turn to safety
Published: Feb 8, 2016 8:55 a.m. ET

http://www.marketwatch.com/story/go...h-high-as-investors-turn-to-safety-2016-02-08
1 Upvote

Reply

Top Stories

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

DRO

History repeats for DroneShield investors but carnage so far subdued

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

HotCopper Highlights: Trigg; Droneshield; Lumos & more

AII

A new NASDAQ listing for a key player in the global critical minerals space

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

There are more pages in this discussion • 550 more messages in this thread...

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

MSM Gold jumps to near-4-month high as investors turn to safety...

Top Stories

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

History repeats for DroneShield investors but carnage so far subdued

Syrah jumps +19% as graphite tariff threat spurs optimism down under

ASX Market Open: Can we squeeze one more record reset into Week 29? | July 18

HotCopper Highlights: Trigg; Droneshield; Lumos & more

A new NASDAQ listing for a key player in the global critical minerals space

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Featured News