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Gold in AUD, GOLD.AX, PMDS and Australian issues
mullokintyre
post Posted: Jun 2 2020, 07:10 PM
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Gold going down as the AUD goes up.
Not sure why the AUD is so attractive.
You would think that with every country dipping into QE, so many asset classes down, that PM's would have rocketed, but not so.
Doesn't really make a lot of sense, but thats the market.
Mick



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mullokintyre
post Posted: Mar 25 2020, 09:51 AM
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In Reply To: mullokintyre's post @ Mar 24 2020, 08:13 AM

Gold hits another record. AUD2740 as I type.
All my gold shares bar DCN which is STILL in a trading halt are well up on last two day, some up 20% plus.
Am now only 10% down since the start of the CV free fall.
Hoping to get into the green if things keep going.
Mick



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mullokintyre
post Posted: Mar 24 2020, 08:13 AM
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Gold now nudging AUD 2700.
Must start to have a positive effect on gold producers, assuming they c@n g3t workers in and out to work on mines.
Mick




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cooderman
post Posted: Mar 19 2020, 08:54 AM
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In Reply To: mullokintyre's post @ Mar 18 2020, 03:24 PM

Yeah Mick , all things remain the same.

9th March Close price for XAUUSD....... $1679. AUDUSD close..... .6583. Gold Aud. $2550
Yesterdays close.... " $1485 " " .5770. " " $2573

Tried to edit it so it lined up, but I give up on that.


 
mullokintyre
post Posted: Mar 18 2020, 03:24 PM
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It appears the markets have woken up to the fact that gold in AUD has not changed at all since the Cv plunge started, and that the OZ gold stocks will still be able to make the same profits as before the CV pandemic started.
Thus we have seen from the lows of Monday and some Tuesday, we have
ALK 20% from its low,
EVN up 24% from its low
RMS up 14% from its low,
SBM up 29% from its low
SLR up 21% from its low.

Even that dog PRX is up 35% from its (abysmal) low.

Mick





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mullokintyre
post Posted: Mar 18 2020, 10:04 AM
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In Reply To: mullokintyre's post @ Mar 10 2020, 09:33 AM

As the AUD falls,so the AU goes up.
Gold approaching AU2600.
Sold the SBM I bought the other day, a 40% profit was too good to pass up.

Mick



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mullokintyre
post Posted: Mar 10 2020, 09:33 AM
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So gold is now above 2500 in AUD.
But still the gold stocks get trashed like all the rest.
When ya margin calls, it shouts.
Bought into ALK, RMS, SBM and EVN.
All producers, all making good money.
Some even pay a dividend!.
SLR didn't fall as afr as some of the others, have not had my low ball order triggered.
Mick



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nipper
post Posted: Feb 1 2020, 03:34 PM
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In Reply To: mullokintyre's post @ Feb 1 2020, 03:20 PM

noticed that. Swollen digit?



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mullokintyre
post Posted: Feb 1 2020, 03:20 PM
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In Reply To: mullokintyre's post @ Feb 1 2020, 09:49 AM

Oops that should read 2373. Not good to knock a 100 off the pog.
Mick



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mullokintyre
post Posted: Feb 1 2020, 09:49 AM
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Gold shot up last night, and AUD fell, so gold in AUD up to 2273.
Should be good open come monday for gold stocks.
Mick



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