Agree Spider re eventual POG rise.
It's either very short term(days/weeks) or long term(years) atm, no mid term holding. Personally I believe we will see high 7 to low 800's POG before we test the 1000 though. I am also concerned about the USD in relation to the POG and the AUD. Stops tight and finger on the trigger at all times in this market. Even safer is to wait for some real signals on the sideline. It's a feeding frenzy out there and most of us are the pilchards :)
T
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