GOLD 0.51% $1,391.7 gold futures

It is at times like what they did today where I look at the...

  1. 3,343 Posts.
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    It is at times like what they did today where I look at the action as a straight forex play... it certainly provides a soft cushion to the overall NZD Gold Price.


    https://hotcopper.com.au/data/attachments/6336/6336838-e84e5a39baf4b15bf0a467c951534001.jpg
    In NZD, I am currently waiting to settle a property purchase later this year - which I am funding solely with the yellow stuff. Once the "handle" has been completed, I expect the Ag Price to continue higher... with the property purchase price being naturally discounted more and more.

    https://hotcopper.com.au/data/attachments/6336/6336849-5f21a2709eed6a80c1827d684cc2d57a.jpg

    In AUD, I am visiting my daughter in Perth in about 3 weeks time - which I am also funding solely with the yellow stuff (so no cross rate to worry about). Seems there is a bit more of the "cup" to be completed first but same story as the NZD above.

    https://hotcopper.com.au/data/attachments/6336/6336863-318d3cacad24843169721995e0c3e269.jpg
    These shites can't have it both ways - but I'm happy to play their game...
 
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