This is a fascinating post by Mish Shedlock, a very popular...

This is a fascinating post by Mish Shedlock, a very popular IOUSA blogger, who happens to be a deflationist who believes in gold .... https://mishtalk.com/2017/09/30/tip...s-rise-stress-in-wealthiest-areas/#more-48359
An interest rate rise would strengthen the A$, and hence likely to decrease the A$ price of gold, and hence dampen enthusiasm for gold miners? The second Trump stock rally is underway with his vague promise of tax reform (another giveaway to his main supporter base - the stupid rich)( Peutro Ricans are just whiners according to the draft dodger in chief).
The second Trump stock rally is underway with his vague promise of tax reform (another giveaway to his main supporter base - the stupid rich)
( Peutro Ricans are just whiners according to the draft dodger in chief).
The Reserve Bank is talking up the possibility of interest rate rises, just like the US Fed, but everyone knows this is BS as the debt stress is so widespread, that even a relatively small rate rise could create a 'tipping point' (another Lehmans moment?)
So, its just talk - the A$ needs to fall or the Aussie triple deficit will just get worse and worse.
Gold is a safe haven till the TPTB decide to make it unsafe ... ditto BitCoin. Pray for a slow-motion crash, which will allow your gold plays to mature to a 'profit take' point. If the market crashes, gold will be dragged down to just like 2008.