Got a few holes to poke in youre outlook mophead - yes gold will...

  1. 31,084 Posts.
    Got a few holes to poke in youre outlook mophead - yes gold will continue to rise but unless the AUS$ holds up against the US$ these gains will be non existant for gold and silver stocks.

    In terms of KCG very weak support - i will sell 100K of shares on the open tomorrow and push it back under 8c.

    Nickel shares will plummet - silver will hold steady and gold may perform short term. As the US$ drops their exports become more competitive leading to a floor being put under potential downside.
 
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