Aussie Rules Randoms
Gold $426 Silver $6.78 Friday 28th January, 11pm Sydney.
G'day all. I reckon you all know what I reckon with gold and silver these days and until I see a break of the recent ranges in both metals, there's not a great deal I can add at 10pm on a Friday night while watching Hewitt/Roddick. So here's some random observations.
- Gold has to break out of this $420-428 range sooner or later. A fair chance it's tonight.
- Silver the same with the $6.55-80 and reckon maybe $7.12 is calling, loudly.
- Some Aussie "Kultcha" for you.
- Who is the loser in this NHL lockout?
- A gold bar the size of a cigarette packet would cost about U.S.$75,000
- I notice that they did watch the film until the end!
- By volume, 300lbs of silver fits in the beer carton that you'd take to a barbeque!
- Gene Hackman in Replacements - "Its all about heart"... Down here we call it "ticker".
- They're a weird mob, the Dutch.
- Not as weird as us Aussies!
- The "Iggles" to win the Superbowl by 10, says Lisa... optimism rules down here!
- The last fatal shark attack in Sydney Harbour was in 1932.
- The Argyle mine in Western Australia is the world's largest single producer of diamonds. Source of the Argyle PINK diamonds.
- The Platypus and the Echidna are the only MONOTREMES in the world. (Egg laying mammals).
- Prof. Zucchi talked slot machines in Vegas yesterday. Australia has about 20% of the world's gambling machines. Not bad for a mob that is only about 0.005% of the world population!
- My major work in progress after today's releases - AngloAshanti. Watch this space.
- Can the Chinese make up their minds whether they will or they won't revalue the Yuan. Either way, I wish they'd shut their laughing gear until they make a decision!
- Social security for whom?
- Tasmania's now mothballed Mt Lyell gold/copper project produced the majority of the copper that the Allies used in WWI.
- 6 year old daughter Jacqui lost a tooth tonight at dinner. How bad is inflation when it comes to the "tooth fairy"?!!! Hope she doesn't lose any more this month!
- Can any female tennis players hit a ball without sounding like they are giving birth?
- Is there anyone out there making more sense of this market than Prof Reynolds? Not that I've seen, and I've seen plenty.
- I play in a cricket match on Sunday in memory of a very close high school mate who was killed the day after we finished our final exams. It's the 22nd edition of the the "Bob Harvey Memorial Shield". I may not be able to walk on Monday.
Have a great weekend everyone and maybe we will see the first Aussie male win the Oz Open tennis Championship since 1975. I just wish he'd keep the "come on's " to himself!
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.
Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Daily Recap Newsletter