I see the AUD now has the 0.74 handle on it and Gold $AUD $1,727.00
It would not take a great deal of a move from this point to see Gold surpass it’s previous AUD price of AUD $1,800.77 (5/09/2011) A US $1,300.00 and an AUD $0.72 both reasonably achievable in my opinion would certainly do it.
Timing as we know is everything in the investment game and by the time we see Gold above the AUD $2,000.00 level and real estate has adjusted downward by around 40-50% I may re-evaluate the situation!
Be interesting to see how far they feel they can fudge the non-farm payroll numbers and get away with it tonight!
