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Gold jumps to record on rate cut bets but equities struggle


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Gold! Buy now!

-6 ( +1 / -7 )

My dog, it is time to sell all my 200 gold bars for a handsome profit.

-1 ( +2 / -3 )

I’m buying yen. Cash, the Nikei & Suica cards (lol). I’m holding my gold.

1 ( +3 / -2 )

the BRICKS are using gold to base their new currency.

GOLD will skyrocket! Bye Bye JPY!!!

-9 ( +5 / -14 )

I fossick for gold and pick up 28 gram yesterday not 4 kilometre from my door. After every flood the local creek always pay off. I have accumulated nearly I/2 kilo of pure alluvial gold from my district over 3 decades of fossicking. It such a buzz when you panned and see that gleaming yellow streak of gold. I am going to leave it for my Grandson. Tomorrow the youngest want me to take him.

2 ( +4 / -2 )

John-SanToday  01:53 pm JST

alluvial gold will be difficult to sell. exchange it with reliable coins.

-1 ( +2 / -3 )

Not planing on selling. But once smelled you can sell it in Australia. A friend a fellow fossicker of mine want to smelt it for me. it totals to 482 gram all clean and being alluvial it very pure. So I estimate I will lose 30 grams when smelled going off what over fossickers have told me from the same steams in my district.

3 ( +4 / -1 )

indigoToday 01:42 pm JST

the BRICKS are using gold to base their new currency.

GOLD will skyrocket! Bye Bye JPY!!!

I don't think the number one currency manipulator will want to stop manipulating their currency. Might be show for foreign consumption of no consequence.

2 ( +2 / -0 )

Probably a good time to be rotating out of USD holdings. Back into Yen. DXY looks like it has reversed. Gold pump supports that.

-1 ( +2 / -3 )

I keep say the AUD to YEN is good earn. It has been profitable for me over the last 2 years

0 ( +1 / -1 )

Here is reality : GOLD IS MONEY!

And so is silver.

1 ( +2 / -1 )

This is great news for everyone. We all have investments in Gold. Long may the price soar!

-2 ( +2 / -4 )

In Hong Kong, troubled developer China Evergrande surged more than 11 percent after a court in the city ruled Monday that it will have until late January to put together a restructuring plan to avoid liquidation

This is quite a story in the making. Insofar that the above mentioned comes alongside the company's ardent denials of a report from a HK research firm, alleging that they inflated their revenues and profits when they changed the way they reported revenues from property sales. Evergrande said it will offer a clarification in due course.

0 ( +0 / -0 )

Day traders may invest in it, but that's a fool's game anyway. Anyone else, check out any graph of gold vs equities. You have to be mad to invest in gold over the long term.

-1 ( +0 / -1 )

gold vs equities

It’s not a competition with equities.

It’s a competition with crap money manipulated by central planners.

And it’s been a good performer during my long term to date.

0 ( +0 / -0 )

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