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Gold Price Discussion
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<blockquote data-quote="Phoenix76" data-source="post: 220343" data-attributes="member: 6518"><p>Hmmm, not much activity on this thread. Guess that sorta says that the price of gold has been kinda shouse lately. But great to see the pretty stuff has bettered $1,570 per toz. Been a very good week for gold. Maybe the old thought that when the sharemarket does a big down, gold goes up. Although our currency is no longer officially based on the gold standard, investors still reckon it's a good hedge when everything else goes bums up. Fingers crossed it keeps going.</p></blockquote><p></p>
[QUOTE="Phoenix76, post: 220343, member: 6518"] Hmmm, not much activity on this thread. Guess that sorta says that the price of gold has been kinda shouse lately. But great to see the pretty stuff has bettered $1,570 per toz. Been a very good week for gold. Maybe the old thought that when the sharemarket does a big down, gold goes up. Although our currency is no longer officially based on the gold standard, investors still reckon it's a good hedge when everything else goes bums up. Fingers crossed it keeps going. [/QUOTE]
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