Dugsab, I scratch my head every time I'm not 100% in agreement with you and think three times before I press the post message button.
It's just that you are using 90 day data when I am going back to when Trump was inaugurated in January 2017. The price of gold in US$ has gone from US$1087 to $13o6 as we speak, a 20% jump in 15 months!!!
The world is scared of this guy, he can do anything, anytime and even today he dared people that he ALWAYS kept his promises. What else is up his sleeve. He's pushed North Korea to the limit, he's now taking on Iran and what's next, Russia??
No wonder the gold price is surging. But the A$ is close to breaking below .74, because we are in the sh*** and the US$ is in a happy place (for now).
Just don't use daily data on the A$ and the price of gold to make your investment in gold stock decisions.
All the .003s are gone, let's see if we get another 7 million buyer out of the blue when the sell side builds up a bit more!!!! THAT'S when I'll be getting much more interested, the boat has got to start leaking eventually!!!
LNY Price at posting:
0.3¢ Sentiment: None Disclosure: Held