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jpidding

Gold's Been Very Quiet Of Late

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Feels like its holding its breath before a leap in one direction or another.

Upside pressure: Iran and esp its Euro oil trdaing after 20th March

Downside pressure: Japanese interest rates removing free money.

Comments anyone?

JP.

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You've answered your own question! I'm seeing a $9 rise at the moment, I gues many here wouldn't begrudge that. Bounced right off the trendline so I think you may get another assualt on $575 soon.

Will it breach it though?

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It seems finely balanced. If the Oil Problem goes balistic we could see a final spike upwards in gold some obscenely high level in an exponential blowoff before crashing back to earth in a deflationary mess. the oil spike though will only hasten the day of eventual deflation of the global credit bubble.

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It seems finely balanced. If the Oil Problem goes balistic we could see a final spike upwards in gold some obscenely high level in an exponential blowoff before crashing back to earth in a deflationary mess. the oil spike though will only hasten the day of eventual deflation of the global credit bubble.

jonpo

what do you think of the M3 figures being stopped - do you really think that the printing of money will not avoid deflation - dont you think we are going to get hyperinflation first.

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There is an excellent feature on gold in this week's Investors' Chronicle. You'll have to buy your own, I am not aware of there being a link on the net to it. It explains all about the elemens of supply and demand, various scenarios to watch out for in the future... well worth a read if you are just an amateur numpty like me running on vague instinct rather than any profound knowledge of the market.

Long live serendipity....

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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