What a lovely day, gold up to AUD$1734 thanks to the AUD$ dropping like a rock back to 73.4us
and gold in US$ still $1278.
I think now is the time to say, I SHOULD HAVE BOUGHT MORE at AUD$1400's, but im "clive palmer" overweight in physical anyway, so im happy with what ive got.
I cant wait to see where we could end up in a few weeks, AUD$2,000 could happen this yr if we get another interest rate cut here and the AUD$ falls below 70c, and gold in the US hits US$1400 which even some bankers have a target for.
So its very possible.
Has our friend skol given any rebuttals yet? whats he been saying gold is gonna fall off a cliff?lol
or the Fed will raise rates soon?lol
According to the gold bears, gold at AUD$1380 was in a bubble,lol and at AUD$1734 its in a bubble,lol
I wonder what they will be saying when its $2k $3k $4k $5k,lol I cant wait to read what they will be saying than.
goodnight all.
