Sean K
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- Joined
- 21 April 2006
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Did the Uber driver tell you to buy gold too?Just over 1.5 hours before Sydney starts the ball rolling this week on Spot trading.
Interesting times.
I'll be doing a little selling on any large rises, too many people are discussing politics.
I even had a Kashmiri Uber driver at 12.30 am this morning explaining Donetsk to me while I was doing today's Wordle in the back seat ( I got it in three ).
I've been to Jammu Kashmir but didn't tell him.
gg
i think taxi driving are still telling everyone to buy cryptos?Did the Uber driver tell you to buy gold too?
I've just started Wordle over the weekend. Just worked out the colour scheme.
the usual uninformed guesswork, matewhat about all the bunkers and arms storage depots left as a legacy on the Soviet occupation ( the ones the civilians are hoping to hide in should Russia invade ) after all there are already legacy artillery and missile batteries there one would wonder about abandoned nuclear and other WMD arsenals
don't leave out the girls they are liable to be conscripted as well to just fight the pesky rebels , BTW what happened to the ISIS mercenaries sheltering in the West end ??
and don't forget is was JOE BIDEN that was the de-facto Ukraine President between 2014 and 2016
In 1994 the US, UK, Russia and Ukraine signed the Budapest Memorandum, in which the three powers offered assurances that they would respect Ukraine's territorial integrity. Pavlo Rizanenko, a member of the Ukrainian parliament, is having second thoughts.
"We gave up nuclear weapons because of this agreement," he told USA Today's Larry Copeland. "Now there's a strong sentiment in Ukraine that we made a big mistake."
i think taxi driving are still telling everyone to buy cryptos?
That was called and posted on Saturday - with breakout actually at $1845 - so maybe unblock posters who have more of a clue than do you.Anyone calling a break through the upper edges of the flag which is about the 1850 level?
Gold has definitely broken upwards, particularly in $AUD.
I find it easier when I trade at home in stocks or commodities to look at their chart in $AUD.
When on NYSE/NASDAQ in $USD
Trying to work out AUD:USD does my head in to be honest. Particularly with the quality of leadership in both countries over the last 5 years or so when if one of them does an audible fart nobody knows if they are going to cark it or it is the "Second Coming" for them and their followers and opponents. Markets get skittish for no reason at all.
So I'll show you 2 charts, both Gold over a year, one in AUD and the other in USD. In AUD it is basically an uptrend with a recent breakup higher. With USD it is all over the joint, again breaking higher recently.
The canary in the coal mine is Crypto. Many people with severe psychiatric illness, mania, psychosis etc. used trade Gold when they were high. These unfortunates were often quite rich, some with large funds and "followers". A bit like Palestine in 33 AD, the followers that is.
These unfortunates now trade Crypto and there is a distinct lack of "madmen" trading Gold, lowering relative liquidity and market movement.
Each night I kneel by my bed and I pray to Baby J that Crypto will crash, and each morning I wake up and it hasn't.
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gg
Good point.I've been following the AUD POG too but our stocks don't seem to follow that price action as much as USD POG. That's just my perception anyway. Perhaps there's a multi-correlation chart out there that does XGD with AUD and USD POG overlayed on it. Not within my scope unfortunately. I need a better charting program.
I've made more dosh over the last 12 mo.out of PMGOLD than I have out of most of my gold stocks.
gg
Gold has fallen back overnight in $AUD.
Not in Black Knight territory though.
gg
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Gold has definitely broken upwards, particularly in $AUD.
Russia may have pulled back some troops from the border. That's the excuse for the fall anyway, but I watched gold drop last night well before those reports came out.
and then a day later
My conclusion, Gold is behaving as it should.
(I only track PMGOLD ; as good a 9-5 methodology is any. .... and truncated to 10-4 !)
Yes.POG's continuation has been promising this week, so here's a picture of where it has gone - on an HOURLY basis - since breaking out of its pennant formation:
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