Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

gold, page-48697

First 48697 Last

Share
Profile

Follow
mogga

55,570 Posts.

1015

28/02/19

22:51

Post #: 37612461
Share

Originally posted by 23skidoo ↑

There's a lot of optimism here regarding the GP. Strayans are apt to get excited about it, but the GP is no 'great shakes' at all really.
If our dollar was still worth 1.10 Retardestan dollars like it was a few years ago, our GP would now be $1205. So all our excitement is the result of a depreciated AUD.
Good to reflect on this before too much excitement overcomes us.
23.

Expand

Are you saying that keeping gold under your mattress
is better than keeping AUDs there?
4 Upvote

0 Great analysis

Reply

Top Stories

KPO

KALiNA Power inks MOU for natgas powered data centres using carbon capture as AI energy use grows

Week 34 Wrap: HotCopper's top watched; Oz banks cut saver interest; Kamala’s 28% corporate tax; AI’s back

The Rising Tide: How institutional adoption is shaping the future of crypto

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings

SER

How flooding did Strategic Energy Resources a favour: Four holes down in 'redesigned' gold & copper campaign

There are more pages in this discussion • 80,084 more messages in this thread...

First 48697 Last

Add GOLD (COMEX) to my watchlist

SPONSORED BY