Search results

Commsec margin lend up to 65% LVR for GOLD on the ASX, at a fixed rate of 8.65%pa. :p

Hey Boz.....you in Melbourne or on the shores of Lake Como these days? hmmmmm....so I am using $1 to toy with $100. so when gold futures move down 1%, I have a 100% dd and am busted. so stop losses should be set at what????

True, but it's rare to get a margin call on a house.

have you got your own XRF assay gear?

that's a good point PB.....as long as what you buy with the loan holds its value when inflation stops.

or Tibet, or Timor, or Aceh, or Sudan, or the Mossad, or detained RIO employees........ we still try to punch above our weight, and the rest of the world knows it. Thx TC.

TC, Can you straigthen me out on the following? I understand 2/3 of our ag prod. is exported. Ag makes up around 4% of gdp (4.5b) and 15-20% of exports depending on fluctuating mining exports. How sensitive do you think ag exports are to stronger AUD? I am unsure of our main ag export...

Brad Setzer is a bond market specialist who ran a blog until being seconded to some US govt position. He often mentioned China was buying US bonds and notes by stealth, indirectly through England and Europe. His older posts are certainly worth reading still. They give exceptional insight into...

keeping in mind if the USD weakens further, and the AUD gains, gold in AUD might continue its trend of the last 2 years, for some time.

Sounds like you hang around at Financial Sense Newshour a bit. I tend to agree the USA and Europe have no way to pay down debt. Ignorant slothful electorates with an entitlement mentality will vote out govts that try to deprive them of their 'stuff'..... edit: Obamarama promised more stuff...

and nothing else.......but many investors just track gold performance in USD, which is a little unwise if you invest AUD.

Since September 08, gold has kicked up in USD..... the AUD hasn't gone anywhere in gold terms. Doesn't mean it won't sometime in the future. But pays to remember spot gold is denominated in USD.