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 $1500oz+ (my pick)
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
I like the way your thinking JBmurc, I'm hoping for the usual slam down though as I need to top up on miners and more physical then to the moon thank you.
Yesterday at Davos US Treasury Secretary Steven Mnuchin said that he welcomed a weaker US$. That of course put further downward pressure on the dollar index. Down a further 1% overnight. All positive for gold,silver and other metals.
One of the best Bull runs in USD Gold I've seen for some time..Glad to have my PM positions >>
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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