G'day all, POG -higher up $18-overnight as a result of the US trade data
being released, the US trade balance blew out to 65.3 Billion !
Being the differential between imported & exported goods, this is the
highest level in 15 months !
Obviously the USD having risen has hammered exporters -we can see
why Trump wants to put a tariff on non US imported goods.
The POG- AU-$1,606 & US-$ 1,158 is now higher than pre-US hype &
the actual eventual recent rate rise & that was only the second in a decade.
US stock markets have all hit record highs this year as investors have
poured money into the markets looking for returns they can’t find
with low interest rates.
We could be on the cusp of correction -2017 shaping up to be a
interesting year !
The gold sector set for substantial moves upwards today !
imo-gltah
salt
USD Gold Chart, page-2
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