re: tonights numbers ouzo12....you posted that
"*US-Bernanke and Geithner speak tonight.",
have you factored this into your numbers (i.e we know what usually happens in this circumstance...will we see another kamikaze fly into the PM market)....
my research is clearly suggesting that with the US clearly reneging of the protection contract they had with Egypt (i.e. supply us with cheap oil in $US and we will make sure you are OK), the rest of the dictators in the region are going to start looking for more 'reliable' protectors and in doing so may start selling their oil in other currencies.....this does not bode well for $US (or it's tenuous grip on the Middle East), expect 20% drop in next 3-6 months with commensurate rise in POG and POS....
It's only with 'end of empire' arrogant figures like Bernanke and Geithner that such catastophic events unfold...
whatever you do don't sell any of your physical just yet.....I note that even on EBay there is a 50% premium already for the real thing.
- Forums
- ASX - By Stock
- GOLD
- re: tonights numbers
re: tonights numbers, page-6
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
BM8
Learn of the ASX-listed company that is well-placed to respond to the future global energy demand
SBW
Shekel Brainweigh reports a 50% revenue increase in its Retail Innovation suite and delivers the first batch of 20 Smart Bays to Hitachi as part of a larger order
Add GOLD (COMEX) to my watchlist
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online