As one wise poster once stated, 'it is what it is' and at the moment Gold is 1691, which is good, IF it should push through 1700 I believe SAR would zip through the 50c price rapidly, so sitting in SAR for the time being seems a logical place to be, also the company has been quiet, s/be due for an announcement soon.
Currency debasement, dare I say currency wars are extremely pro Gold, my concern is that if there is a rapid move up in Gold it would have been impossible to have got into SAR at a reasonable price at that point, SAR is known for its extremely rapid price movements. On the other side our currency is way to high and that is killing Aussie business.
So, I sit, watch and keep an open mind, if Gold should fall below 1645 it could be a long way to the bottom, but it will be what it is.
DYOR, I make wild guesses.
SAR Price at posting:
39.9¢ Sentiment: Hold Disclosure: Held