The above is a weird Dec 2011 Gold: Australian dollar ratio chart (weekly) made by Ding-Fire-16.
Listed are all words of wisdom from Bro羅友恆
羅友恆
"thx master porky, your observation is very much in line with my gut-feel anticipation. bullion upward trend has been sustained by ETF trades, correction is imminent and its scale will be scary."
羅友恆
"the level of pent up demand of bullion led by speculatiive positons built up by ETF may be in multiples to real demand, the current price level does not justify.
羅友恆
"the trend of AUD FX gives a good indication to bullion prices, AUD should stand above 110 US cents by now if buillion price at USD1850+ truly reflects its real demand."
羅友恆
"don't be too optimistic on buillion when AUD FX trend is adverse to it."
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