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MeisterEckhart

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Gold & Silver
Mar 14^th, 2025 at 7:31am

And so Gold has finally breached USD3000 with Silver scratching USD34.50 on the futures market.

Looking back into recent history, the last times Gold surged over 3 years was just before 2008 and during the early years of recovery between 2009 and 2011.

AUD Gold futures currently $4750, Silver $55.10.

Expect Gold / Silver at USD4000 / USD40 by December 2025.

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Bobby. Gold Member Offline Australian Politics Posts: 115766 Melbourne Gender:	Re: Gold & Silver Reply #1 - Mar 14^th, 2025 at 7:55am Gold US$ 2,989.31 https://goldprice.org/gold-price.html
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MeisterEckhart Gold Member Offline Australian Politics Posts: 16339 Gender:	Re: Gold & Silver Reply #2 - Mar 14^th, 2025 at 7:59am Bobby. wrote on Mar 14^th, 2025 at 7:55am: Gold US$ 2,989.31 https://goldprice.org/gold-price.html That'd be spot price, not the futures price. https://finance.yahoo.com/quote/GC=F/
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MeisterEckhart Gold Member Offline Australian Politics Posts: 16339 Gender:	Re: Gold & Silver Reply #3 - Mar 14^th, 2025 at 8:07am Buyers of physical gold cast bars need to add at least 1% to the spot price USD2990+30 = USD3020 AUD4760+48 = AUD4808
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MeisterEckhart Gold Member Offline Australian Politics Posts: 16339 Gender:	Re: Gold & Silver Reply #4 - Mar 14^th, 2025 at 10:17am During this rally, the project for the rest of March will be to establish strong support at USD3000 with April's project at USD3100... on track to reach USD4000 by December. This will, of course, accelerate if economic conditions worsen during the rest of the year, or more major conflict erupts.
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MeisterEckhart Gold Member Offline Australian Politics Posts: 16339 Gender:	Re: Gold & Silver Reply #5 - Mar 18^th, 2025 at 6:41am So with gold reaching $3000+ spot price what's happening to the DXY? It seems the Trump administration may be attempting to drive the DXY back to parity at 100 - as it was in September 2024 - down from its high of over 109 in mid-January 2025. This will improve the Australian dollar's relative value, currently nearing 64 US cents.
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MeisterEckhart Gold Member Offline Australian Politics Posts: 16339 Gender:	Re: Gold & Silver Reply #6 - Mar 18^th, 2025 at 7:21am If this rally's trend (since Jan 2023) continues - and it appears that it will - there will be a quick rise to the next psychological resistance level - to near USD3500, probably by August-September, then a fast rise to near USD4000 from October to December.
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freediver Gold Member Offline www.ozpolitic.com Posts: 51899 At my desk.	Re: Gold & Silver Reply #7 - Mar 18^th, 2025 at 8:12am Does your crystal ball also do lotto numbers?
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MeisterEckhart Gold Member Offline Australian Politics Posts: 16339 Gender:	Re: Gold & Silver Reply #8 - Mar 18^th, 2025 at 9:08am Hence: if this rally's trend (since Jan 2023) continues...
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Daves2017 Gold Member Offline Australian Politics Posts: 2877 Gender:	Re: Gold & Silver Reply #9 - Mar 19^th, 2025 at 12:00am Gold will always have a $$$ value in society. People are just stupid like that.
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MeisterEckhart

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Re: Gold & Silver
Reply #10 - Mar 19^th, 2025 at 6:45am

Wild swings in gold value are never a sign of good times coming...

In the last 30 years, Gold lost/gained significant value (>10%) in:

1997 down 22% - The Asian financial crash

2002-2003 up 23% and 22% - post 9/11, US dollar weakening, government debt

2005/06/07 up 18%, 23%, 21% - pre-2008 GFC

2009/10/11 up 25%, 30%, 10% - economic uncertainty, a weak US dollar, rising inflation

2013 down 28% - world debt crisis

2019-2020 up 18.83% and 24.43% - Brexit, COVID, low interest rates

2023-2024, up 13.08% and 27.23%, fears of inflation, Ukraine, and central bank demand.

2025 set to exceed 30%

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MeisterEckhart Gold Member Offline Australian Politics Posts: 16339 Gender:	Re: Gold & Silver Reply #11 - Mar 19^th, 2025 at 7:59am By the end of March, the current gold and silver prices focus is currently USD3050 and USD35.00 - approx AUD4800 and AUD55.00... With a possible temporary correction over the next few days of Gold: USD30 and Silver: USD 40 cents.
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chimera Gold Member Online Australian Politics Posts: 13791 Armidale Gender:	Re: Gold & Silver Reply #12 - Mar 19^th, 2025 at 9:01am The loss of Fort Knox bullion will raise prices, thank you Mr Trump and Mr Musk.
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MeisterEckhart

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Re: Gold & Silver
Reply #13 - Mar 19^th, 2025 at 9:16am

chimera wrote on Mar 19^th, 2025 at 9:01am:

The loss of Fort Knox bullion will raise prices, thank you Mr Trump and Mr Musk.

Another smoke and mirrors distraction...

The gold will be there visually (not least due to the sheer volume of gold currently being repatriated into the US), but a full audit will not happen...

The counting of bars, confirming their serial numbers, assaying each bar to confirm that it is 99.9% gold, accounting for gold previously refined at lower than 99.9% due to lack of modern refining technology... accounting for leased gold, accounting for disputed ownership gold, accounting for gold held for other state actors...

None of that is going to happen or their results made public.

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chimera Gold Member Online Australian Politics Posts: 13791 Armidale Gender:	Re: Gold & Silver Reply #14 - Mar 19^th, 2025 at 9:52am Donald Trump pressured Georgia secretary of state Brad Raffensperger to "find 11,780 gold bars" and overturn the state's gold results.
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