gold, get a grip on the price action

  1. 8,034 Posts.
    We need to put the price of Gold into perspective.

    Take CRS Gold price $380 share price .73
    Gold price $403 share price .65

    Yes we know the Aussie is rising aginst a U.S dollar but the Aussie will start losing value due to our trade deficit.

    If the Aussie stays up then our exports will be too expensive to compete on the World markets and then we will become a debt ridden Bannana republic.

    Our Gold will be worth many many Aussie dollars more than today.

    I think the weeks ahead will contain large movements in the Gold price.
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