Subscribe Now!

To Access Premium Sections!

Subscribe

 

Subscription »

The New Great Depression and how to preserve your savings...

How to use the SHOPPING CART and get access to 500 pages of Financial Advice written by experienced analysts (site is updated daily - monthly)!

Benefits »

  1. Get access to the daily investment news updates
  2. Get access to all  +500 subscriber's sections
  3. Receive important email alerts and breaking news
  4. Access to email consultations and coaching. (limited - please inquire)
  5. Get a free analysis of your portfolio/savings (limited) - please inquire)
  6. Get up to 2 weeks free!
  7. Learn how to get your second passport
  8. Learn more about Non-Bank & out of political reach vaults
  • fools gold slide.png
  • XMAS-2023.png
  • FEC ECB.png
  • vault panama us.png
  • Goldonomic
  • Goldonomic
  • Goldonomic
  • Goldonomic
  • The Goldonomic site is for serious investors only. It is run by talented people with Master's Degrees in Economics and years of experience. Initially and historically, the site is meant to be a source of information for professional investors mainly. The information  is of a high level and requires an open mind and reasoning.

    Francis Schutte

  • The majority is never right. Never, I tell you! That’s one of these lies in society that no free and intelligent man can ever help rebelling against. Who are the people that make up the biggest proportion of the population — the intelligent ones or the fools? I think we can agree it’s the fools, no matter where you go in this world, it’s the fools that form the overwhelming majority.

    Hendrik Ibsen-

  • The mainstream (corporate) media is nothing less than the unofficial accomplice of the banking crime syndicate which is running/ruining our markets and economies. Nowhere is this despicable relationship more apparent than in its deliberate efforts to grossly misinform investors on the critical subject of risk.

    Jeff Nielsen

  • The business of investing rationally becomes problematic when market participants are pursuing maximum nominal returns without a second thought as to the real (inflation-adjusted) value of those returns and the location of the savings. Our Goal is to maximize safety.

    --

  • Comparing the currencies is like picking the prettiest horse in the glue factory. The history of all fiat currencies shows they all end up being valueless. Gold’s nobody else’s liability and it has no counterparty risk. It’s provided protection against destruction of wealth for centuries and we’re at the cusp of another major chapter in its illustrious history.

    Sprott

Free Newsletter

Aussie & Gold

October 11,  2024 - Gold in Aussie - all-time high and bull run!


Gold in Aussie

[Most Recent Quotes from www.kitco.com]
Bullish Objective A$ 4200
Resistance ???
Support A$ 3720
Bearish Objective na
Technical pattern Exponential Acceleration!

AussieGold pf3
Short term candle
Chart comments
Aussiegold candle1
  • Feb 11, 2016: a DISTINCT, UNMISTAKABLE BREAKOUT (see PF)
  • Jan 5, 2017: Bouncing up the bottom of the trend channel.
  • Jan 5 - Mar 8, 2018: the trend is up
  • Jan 3 - Feb 5, 2019: ALL-TIME HIGH is broken!
  • Jan 3 - Feb 5, 2020: We have a fresh bull run. Note that Aussie-Gold is breaking through the TOP of its Trend Channel, which points towards accelerating the rise of the Gold price expressed in Aussies.
  • Dec 4 - Feb 5, 2021: NEW and steeper uptrend on the long candle.
  • Aug 11: Late Sunday night, during thinly traded hours, $4 billion worth of gold was dumped onto the market.
  • Jan. 1, 2023: We expect a multiple top breakout soon.
  • Oct. 9: Buy the small correction and expect another "all-time high"!
  • Nov. 8 - Dec. 11 - Feb. 9 - Mar. 5, 2024: Buy the correction.
  • Mar. 12: Acceleration?
  • Apr. 5: All-time high.
  • May 15 - Aug 1: correction and preparing for a new bull run.
  • Sep. 9 - Oct. 11: the trend has become exponential.
Long term candle
AussieGold candle2

Australian Dollar vs. US Dollar - One Australian dollar is now worth less than one American Dollar, but forex markets pivot in favor of the Aussie (July 2018)

Aussie/US Dollar/Euro
[Most Recent Exchange Rate from www.kitco.com]
Bullish objective $ 0.99  € 1.00
Resistance $ 0.82   € 0.78
Support $ 0.70  € 0.66
Bearish objective $ 0.62  € 0.62
Technical Pattern SIDEWARD
SIDEWARD

XAD pf1
Short term candle Chart comment
XAD candle1
  • Feb 4, 2015: On Target and support of the Secular uptrend line
  • Jan 6, 2016: more bottom
  • Jan 5, 2017: BEAR TRAP is about to be confirmed.
  • Jan 5, 2018: The trend of Aussie versus Dollar is UP
  • Jan 3 - May 18, 2019: Critical Support level and SIDEWARD.
  • Jan 3 - Feb 5, 2020: We expect a LOWER Aussie.
  • Sep. 9 - Dec. 26: The short term is SIDEWARD.
  • Jan. 25 - July 14,  2022: Sideward to Bearish.
  • Sep. 11 - Oct. 15 - Nov. 25: Expect a WEAKER US-Dollar and STRONGER Aussie—Potential Trend Reversal.
  • Jan. 1 - Mar. 24, 2023: Trend Reversal—Expect the US Dollar to weaken against the Australian dollar.
  • Apr. 24 - June 18: OR NOT?
  • July 19 - Sep. 2: SIDEWARD
  • Oct. 10 - Nov. 8 - Dec. 11 - Feb. 9, 2024: Oversold. Potential bottom versus the US Dollar
  • May 14 - July 17: SIDEWARD.
  • Sep.9 - Oct. 11: Breaking out??
Long term candle
XAD candle2

Aussie versus the Euro

eXAD pf1
Short term candle
Chart Comment
eXAD candle1
  • Jan 6, 2016: bouncing off the long-term support. & BUY
  • Jan 5, 2017: upleg initiated
  • Jan 5, 2018: sideward trading zone.
  • Jan 3 - June 6, 2019: Critical Support level and SIDEWARD
  • Jan 3 - Feb 5, 2020: sideward
  • Jan. 25 - Feb. 8, 2022: Sideward to Bearish. Don't expect a currency managed by FULL IDIOTS to perform well. Australia is done!
  • July 14: Sidewards.
  • Oct. 15: OVERBOUGHT = expect a trend reversal...probably under pressure of a LOWER US dollar.
  • Nov. 25 - Jan. 1 - Mar. 24, 2023: expect a higher Aussie.
  • Apr. 24: - July 19 OR NOT!? Is this a STOP LOSS for the Aussie versus the Euro?
  • Oct. 10: Oversold and potential Bear Trap.
  • Nov. 8: Bullish Divergence. Support level and sidewards.
  • Dec. 11 - Feb. 9 - Mar. 12, 2024: ???
  • May 14 - July 17: SIDEWARD.
  • Sep. 9 - Oct. 11: more sideward action or a breakout?
Long term candle
eXAD candle2

©—This report's contents may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic.


 

Widgetkit Twitter

Twitter response: "Could not authenticate you."
Cron Job Starts