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In the USA they may be celebrating the US$1,000/oz barrier but...

  1. find8
    2,739 Posts.
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    09/09/09
    09:16
    Post #: 5617286
    In the USA they may be celebrating the US$1,000/oz barrier but should we be celebrating in Australia ?

    The gold price hasn't moved up in AUD/oz yet - I want to see the gold price back to its February?March high level of AUD$1500/oz and to sustain it this time.

    We might get back up to AUD$1500/oz once more when gold drops to US$850/oz again.

    So I don't see the point in celebrating anything - when all we are seeing is a weak USD.

    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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