A New Record High of AUS$2226 for Aussie Gold.
The Australian dollar gold price has just smash through Aus$2200 a troy ounce for the first time EVER, to a record high of $2226.32
Chart sourced from. https://goldprice.org/
Check out those 3 day returns of $35.02, $16.65 and $39.66. Gold is looking extremely bullish is Aussie dollars.
Chart sourced from. https://goldprice.org/
Silver has finally roared to life in Aussie dollars for a high of $25.22, have a look at those 3 day returns of $0.23, $0.16 and $0.86.
It's starting to look awesome and certainly feels like something has broken in the global markets. I think it's time for silver and gold investors to have their time in the sunshine.
Thanks for stopping by for a look, cheers.
Woo-Hoo, it's getting exciting watching this @silverbug.
At least it's starting to do something lol, I hope it keeps going to the moon. :o)
It's has taken a long time to get moving hasn't it, cheers mate.
It's looking really promising let's hope it keeps going mate. :o)
Lets keep our fingers crossed buddy, cheers.
It is amazing, but I still have a problem to believe they just let this happen.
I wonder what's the real driving force behind all this. May be the Chinese? On your chats, you can see the price taking off in the "Hongkong" time bracket - but thats also the Shanghai market hours.
Something was looking a little different in the charts over the last few months, I noticed a few months back their was a lot of days when the price just stayed very flat with no real activity. Then we got a huge amount of activity, lets hope it's China buying up everything now because of the trade war, cheers.
The Chinese have been buying as much as was possible for years - physical gold that is - on top of being the biggest gold producer in the world. May be they decided - in view of the current situation with the USA - that its time for the decisive blow: dump all the US bonds and dollars on the market and buy more gold, regardless of the price. And then come out with a gold backed Yuan as the new international reserve currency, replacing the US dollar.
Thats the kind of stunt I expect to see from the Chinese, there is a plan behind everything they do.
And Trump and his crew think they have their balls in a vice, with the stupid tarrifs - which are being payed by the american consumers. What a bunch of idiots!
It's all about the United States going to "Sound Money"...
I've been telling People about what's heading our way...
August 7, 2019... 12.0 Hollywood Time...
You haven't seen much yet, when compared to what's heading our way...
The Melt Values have to go much higher to Cover the 100 Fold increase in the Spending Power of our "U.S. Coinage"...
Both Silver and Gold will go much higher...
August 7, 2019... 12.0 Hollywood Time...