Thanks for Your Reply and thoughts,Sparkler. As is now been...

Thanks for Your Reply and thoughts,Sparkler.

As is now been proved in the U.S.A. the use of Interest Rates only to control Inflation is fraught with problems. Government Taxation Policies which presently favor upper income levels require revision for the control of Inflation. People on lower Incomes are having to Borrow heavily and the repeated Interest Rate Rises have hammered these People, who are vital to a healthy economy.
A lower U.S.A. Dollar is also part of the solution, and therefore Gold should continue to climb.
The present relatively high Aussie Dollar is affecting our Exporters, however the Aussie Dollar should ease after the Election whoever Wins.
Therefore, all in all; Gold is the Go!

I hold BTV and NCM and take no responsibility for any losses in association with this Posting.

Enjoyable Research,

moly