Hi AverageJoe and all,
I agree the Gold discussion is becoming somewhat stale and we don’t get those bold predictions of Gold going to $800.00 per ounce. So just to try and invoke some interest I predict that this new guy Jerome Powell will announce a 0.25% interest rate rise on the 21st of March 2018.
I also feel this rate rise will be good for the Gold price particularly in Australian dollars, I note it’s still holding well around the AUD $1,700.00 level.
As you mentioned Skol I was wondering why his boss demoted him from a Gold to Silver Troll with reduced benefits!
Cheers and very best regards: Andy
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