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Very nice wine.
Gold Price - Where is it heading?
- Thread starter guycharles
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Garpal Gumnut
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Well, with an hour to go before the Gentry in London sell Gold down, unless something dreadful happens I think I'll continue sipping and have a look tomorrow.
gg
Garpal Gumnut
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I doubt if $US1800 will hold, $1750 may provide support.
gg
gg
Garpal Gumnut
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I do believe Gold will go through $US2000 soon, just not yet.
London is always profit taking, just don't look at the price until tomorrow.
Poms, eh.
gg
Sean K
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Garpal Gumnut
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I saw that. Quite interesting.I think Gold is going to shine tonight
Let us hope it continues overnight.
I'd actually feel more comfortable entering now over $US1825, or tomorrow than before our close today, as we have a higher low and a higher high after a persisting downtrend on the chart.
Fortune shines hopefully on those who entered today.
gg
ps I bought some a bit higher $AUD2658 so I'm winning back some of my losings.
gg
Dona Ferentes
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Then pour it out? Corked?
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WAR AS A PRETEXT FOR MASSIVE FISCAL AND MONETARY STIMULUS.
includes a comment about Russia selling gas for gold
it was probably a troll ( by some official , BUT )
Garpal Gumnut
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Slowly finished over the evening.
I'm not much of a wine expert. It was a good drop.
I picked a couple up at the St. George Club ( Western Queensland ) where I was a member for $7 a bottle in my cotton pickin' days back in the late 70's. They spent a long time in storage in a mate's wine cellar along Kingsford Smith Dr. in Brisbane with his two, they were said to be rare at the time.
gg
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THE PRICE OF GOLD DOES NOT REFLECT ITS VALUE - JAMES WEST #5507
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Pog up...but aud tracking....
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Gold price on 'cusp' of $2k rally, here's how not to miss it – Bloomberg Intelligence Anna Golubova Wednesday May 11, 2022 17:50 Https://www.kitco.com/news/2022-05-11/Gold-price-on-cusp-of-2k-rally-here-s-how-not-to-miss-it-Bloomberg-Intelligence.html |
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Garpal Gumnut
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I've never met Mike McGlone from Bloomberg Intelligence quoted by Anna Golubova, but his opinions like those of us all are self serving.
Like Mike, I believe Fed tightening will lead to a fall in the stock market but not a bear market, and curb spending, and thus inflation.
I would strongly disagree with his idea of pairing Gold with Bitcoin. I'm with Warren Buffet on BTC. It's a Norwegian Blue.
And Gold will go over $US2000 oz and stay above it. When is the question and the USD vs World Currencies will be a factor in my adding to my hoard unless it moves quickly.
gg
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here's some data for the Physical Buullion backs ETPs traded on the ASX under the ETF Securities banner.
each one of the PM offerrings show consistent demand for bullion ounces being held, and given the economic uncertainty going forward, I don't see this backing off
this data is actual ounces held per precious metal, apart from the Wall Street Silver period, there hasn't really been any signs of people taking their cash out and triggering a need for physical bullion holdings to be unwound
each one of the PM offerrings show consistent demand for bullion ounces being held, and given the economic uncertainty going forward, I don't see this backing off
this data is actual ounces held per precious metal, apart from the Wall Street Silver period, there hasn't really been any signs of people taking their cash out and triggering a need for physical bullion holdings to be unwound
Dona Ferentes
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was passing through St George this midday, so I thought I'd try my luck. On my way South, a contra-flow and trying to avoid the Newell with its Jayco's from Mentone on their way North, lights on high beam and not concentrating as they sing along to Skyhooks. ...South, because, as Joni sang, "I need the wind and seek the cold ".
Lo and behold, after googling "6 Things to do in St George", I discovered the club has morphed. A carpark full of Winnebagos and Carnages, the valet parking person sniffily said the new 2-hatted dining experience Chez Apocryphe was booked out till spring, that a hot young Cornwall chef was said to be doing exciting things with consommé à la Japonaise, mumbled something about it being a new clear fusion food experience. I didn't understand. Even the off-license was off-limits. He directed me to the local caff, recommended Fish of the Month, but it's the 20th; I don't think so. Will try my luck in Dirranbandi.
Oh, and yes, Gold. It's time.
- Donnie King, CEO, Tyson Foods Inc [one of the world’s largest food companies]
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