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Gold & Yen's Perfect Desert Storm
Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
Thanks ashraf
I hope you are all doing well.
Q: what does tommorow unemployment level need to be for a decent pullback in gold. I missed yesterdays top at 139 but expect dollar to rally if us figures tomm are positive. Now in your opinion will neutral/ flat news have similar result?? It's just more likely to happen in my opinion.
Thank you in advance,
Maciek
Coins usually trade at a premium to the spot prices. Why not buy into the Perth Mint Certificate Program (PMCP)? It incurs NO holding costs...& is backed 100% by the Govt. Think I recommended this to you earlier as well.
Agree w/ ur liquidation comment - SPDR could possibly run into such issues, even though they claim to have over 1100 tons of gold...
Asad
Ashraf
ur terrible. what do u think about last week carbon tax blast and eco travel?
So what do you think about gold to the end of this month ?
somebody saying that we will see (1500 oz) so what do you think about it ?
thank you
The printing press that Bernanke is operating will send gold as high as 2500 by end of this year!!
bdye, i already have ETF so better diversfiy into real coins. Some have pointed out w/ the risk that the largest gold ETF may have problems meeting any liquidation that occurs en-masse.
Ashraf