Anybody who trades UST's (3o year bonds and 10 year notes) will understand why it is time to sell gold. I have never seen a sell off like we are witnessing, market is bracing for higher inflation.
I dumped my NST yesterday after holding for years.
Even Stanley Druckenmiller has sold his entire gold holdings, at one stage it made up 30% of his fund.
(http://www.cnbc.com/2016/11/10/stan...all-the-reason-hes-owned-gold-are-ending.html)
Good luck all.
s.loeb
Fundamentals haven't changed, page-220
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Last
$15.90 |
Change
-0.230(1.43%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $16.23 | $16.23 | $15.89 | $28.19M | 1.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 9551 | $15.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.90 | 1600 | 10 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| NST (ASX) Chart |
