GOLD 0.51% $1,391.7 gold futures

Hi Roysolder and all, The point I’m making is that the RBA and...

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    Hi Roysolder and all,

    The point I’m making is that the RBA and many other central banks still require emergency measures in place such as ultra-low interest rates 10 years after the 2008 GFC! This I believe will one day prove positive for the Gold price.

    Not much difference between the US 2, 5 & 10-year notes at the moment.

    https://ycharts.com/indicators/210_year_treasury_yield_spread

    The DOW was not looking so cleaver being down 799 points and Gold pretty well held its own!

    Could be an interesting close this week.


    Cheers and very best regards: Andy
 
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