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

GOLD

Click for more information

0.51%

$1,391.7 gold futures

Gold Will Explode Post the Global USD Binge, page-8

First 8 Last

Share
Profile

Follow
champ2003

12,639 Posts.

16/03/17

20:59

Post #: 23413650
Share

Originally posted by pete11 ↑

I don't know what the hell is going on gold is up another US$7 as I type and there is talk the FED is going to increase rates to 2.5% by 2019, amazing, I would have bet my kidney gold would be down $25+ easily on FED rate rise and talk of more rates rises to come in 2017-2019.

Oh well, looks like the US govt will be spending more money financing its own US$22Trillion debt, and paying interest on it, this will only end very badly one day.
I think US debt will blow out even worse under trump than it did under obummer.
The leftist media in the US will have a perfect scapegoat to blame when SHTF and trump in power.

Expand

Pete11,

You are surprised because like many, you fall for the rubbish and incorrect stories that when interest rates rise gold becomes less attractive when the majority of times in history Gold has in fact risen when rates rise lol

The banksters want you to hate Gold to keep fiat alive.
9 Upvote

0 Great analysis

Reply

Top Stories

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

PRU

Perseus Mining boosts stake in Predictive Discovery to 19.9% as latter's flagship project stalls

BIT

HotCopper users blunt as Biotron sinks -35%; long-awaited COVID drug results same as placebo

SBW

Shekel Brainweigh investor presentation webinar – the future of retail automation

QML

Metallurgical testing shows saleable copper and pyrite from QMines' Develin Creek project

OCC

Orthocell kicks off collagen-based dental bone repair product sales in Canada; eyeing next stop Brazil

CBA breaks trading record on strong day for Aussie financials

LAM

Laramide sniffs prime Kazakh uranium, with agreement over 6000 square km land position

As Nvidia cools, we're looking to Aussie AI

There are more pages in this discussion • 20 more messages in this thread...

First 8 Last

Add GOLD (COMEX) to my watchlist