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$1,391.7 gold futures

Do you really think that a hard-up population are going to be...

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1405

05/12/22

15:04

Post #: 65156609
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Originally posted by ghostwriter: ↑

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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Do you really think that a hard-up population are going to be 'stacking' gold bars when interest rates are rising, house prices are tanking and the job losses are starting to mount up?
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