Gold

**airedale** · 30-12-2017, 10:52 AM

And it came to pass last night, briefly touching $1308 before settling at $1303. All on US$ index weakness of course.

**JBmurc** · 30-12-2017, 06:08 PM

Originally Posted by airedale

And it came to pass last night, briefly touching $1308 before settling at $1303. All on US$ index weakness of course.

Yes AUD Gold still in the 1650's range still funny how the ASX Goldies get more market interest on the USD Gold price ....

Really think 2018 will see GOLD/Silver finally break free of the sideways trade and make a sizable gain $1500oz+ (my pick)

**Blue Horseshoe** · 30-12-2017, 07:32 PM

I like the way your thinking JBmurc, I'm hoping for the usual slam down though as I need to top up on miners and more physical then to the moon thank you.

**peat** · 03-01-2018, 02:09 PM

Gold (USD) on fire. This leg up from the 13th Dec is almost starting to look parabolic.
Gold3-1-17.JPG

**airedale** · 04-01-2018, 07:54 AM

Hi Peat, you are right it has gone too quickly too fast. I would like to see a correction soon but I think that the long term trend is up.

**wizAlvin** · 14-01-2018, 09:02 AM

last hours for 2018 competition entries

**airedale** · 24-01-2018, 03:57 PM

The major driver for POG is the falling US$ index. It has just slipped down past the psychologically important 90 mark.

**airedale** · 25-01-2018, 08:41 AM

Yesterday at Davos US Treasury Secretary Steven Mnuchin said that he welcomed a weaker US$. That of course put further downward pressure on the dollar index. Down a further 1% overnight. All positive for gold,silver and other metals.