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Fin24 user Ike Jakson writes:
I watch things on the JSE every day; I've been doing it for years and keep my own brand of stats on it.
A while ago Fin24 published a grand Reuters article on gold’s milestones.
I complimented the author on the statistics and the excellent manner in which it was presented to the readers.
I have also written in many other places about other statistics that have had an influence, or were influenced by the gold price as set out in the timeframes of the Reuters piece.
The frantic volatile gyrations of gold and commodity prices over the past few months, last week in particular, and finally on Monday on the JSE will, I predict, today decide the future of gold.
People forget how little gold there is in the world compared to, say, tomatoes; the latter is also an edible commodity for the hungry, unlike gold which has no real intrinsic value.
Will gold move up today, or will it crash? I shall be sitting glued to the Fin24 Dashboard. It may be that the final picture will come as a video series or a movie that is shot over several weeks or months and in many locations.
However or whenever it is finalised won’t matter; the first pictures when the movie hits the wide screens will be this day: Tuesday, 04 June 2013 as will be recorded from our JSE at closing time shortly after 17:00 this afternoon.
- Fin24
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Disclaimer: All articles and letters published on MyFin24 have been independently written by members of the Fin24 community. The views of users published on Fin24 are therefore their own and do not necessarily represent those of Fin24.
Fin24 reserves the right to obtain service providers' comments before publishing any articles or letters, and to edit any material used. Fin24 also reserves the right to edit or delete any and all user comments received.
I watch things on the JSE every day; I've been doing it for years and keep my own brand of stats on it.
A while ago Fin24 published a grand Reuters article on gold’s milestones.
I complimented the author on the statistics and the excellent manner in which it was presented to the readers.
I have also written in many other places about other statistics that have had an influence, or were influenced by the gold price as set out in the timeframes of the Reuters piece.
The frantic volatile gyrations of gold and commodity prices over the past few months, last week in particular, and finally on Monday on the JSE will, I predict, today decide the future of gold.
People forget how little gold there is in the world compared to, say, tomatoes; the latter is also an edible commodity for the hungry, unlike gold which has no real intrinsic value.
Will gold move up today, or will it crash? I shall be sitting glued to the Fin24 Dashboard. It may be that the final picture will come as a video series or a movie that is shot over several weeks or months and in many locations.
However or whenever it is finalised won’t matter; the first pictures when the movie hits the wide screens will be this day: Tuesday, 04 June 2013 as will be recorded from our JSE at closing time shortly after 17:00 this afternoon.
- Fin24
Something on your mind? Share your experience and you could get published.
Disclaimer: All articles and letters published on MyFin24 have been independently written by members of the Fin24 community. The views of users published on Fin24 are therefore their own and do not necessarily represent those of Fin24.
Fin24 reserves the right to obtain service providers' comments before publishing any articles or letters, and to edit any material used. Fin24 also reserves the right to edit or delete any and all user comments received.
