GOLD 0.51% $1,391.7 gold futures

gold, page-1459

  1. 60,863 Posts.
    lightbulb Created with Sketch. 312
    Not sure wombat. I bow to your superior experience.

    I am amazed at how resilient the AU $ has been, although it is finally starting t show the weakness I believe is warranted.
    How it could be maintained above 70c to the US defies logic except if the US$ falls faster than ours.

    With Australia, in the main, and imo, experiencing a pre recessionary precipitous time, I am expecting the POG in our dollar terms to show a significant lift.

    Perhaps the Chinese influence gaining traction by the gram value may also have a positive effect.

    Just musing and speculating. I may be off the mark so I'll leave the academia to your good self, for which we all take great interest.

    Thanks for your expansive postings btw.
 
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