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0.51% $1,391.7 gold futures

2000 USD puts AUD at around 2950 at todays rate of 68c for the...

  1. ghostwriter
    1,328 Posts.
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    05/12/22
    11:41
    Post #: 65151679
    2000 USD puts AUD at around 2950 at todays rate of 68c for the little Aussie bleeder.
    Producers locally have already been running off their lows in prep for this - but will run some more especially if the bleeder gets back to mid or low .60's. You might also see the likes of Van Eck et al. go on a buying spree for their funds in the Oz gold space. Hard assets will shine as the northern hemisphere goes into a bleak winter.
    We await.



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    lightbulb Created with Sketch. 2  Great analysis
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