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Most liked posts in thread: Market correction? Investors flocking to gold.

  1. frugal.rock

    frugal.rock "Time wait's for no man"

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    So, was an early call, with little basis.
    Gold stocks are being sold off so I guess all is well. Market correction averted.:thumbsdown::oops:
    Back to the volatility of mini corrections. With population growth, there is always going to be new highs being set.
    Without a major catalyst or 3, I guess the mini corrections are normal. 2 steps forward, 1 back ad infinatum.
    F.Rock
     
    Skate and sptrawler like this.
  2. SirRumpole

    SirRumpole

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    Probably just a response to Trump's no deal with China, although it could last a long time if Trump says there may be no deal until after the next Pres. election.

    Could it be he's doing a bit of market manipulation ?
     
    frugal.rock likes this.
  3. aus_trader

    aus_trader

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    An interesting start to December (usually the month that has a good finish due to Santa rally). So I hope it's a bit of market manipulation as SirR said.

    But will be watching this month quite closely as I have some exposure to the market with stocks in my spec portfolio. I have in fact held off some spec purchases that I had researched on due to the current market price action.
     
  4. Gringotts Bank

    Gringotts Bank

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    NCM seems to have bottomed. It was holding the GOLD EFT back, but now it can run.
     
  5. aus_trader

    aus_trader

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    Which gold ETF are you talking about, GDX ?
     
  6. Gringotts Bank

    Gringotts Bank

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    ETP.EFTS GOLD. $203.7
     
  7. aus_trader

    aus_trader

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    Yes, same scenario with GDX as well it has consolidated for a while and could be headed higher...
     
  8. frugal.rock

    frugal.rock "Time wait's for no man"

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    Could it be a bit of market manipulation from the other end of the talkers... She Gin Ping?
    Was in the former Peking for a month mid September to mid October.
    I noticed that the first 3 days of their national week long public holiday in early November saw our markets decline savagely, whilst their markets were closed. They had massive 70th Republic anniversary celebrations, which I heard were not covered much by media here in Aus.
    It is a war of economies after all!