unless POG starts to move up as well not good for us"
If AUD finds a bottom and stabilises it could also be a good thing as overseas investors will then have the confidence to invest.
Gold is also about $10 off its lows, sure not quite as big a bounce as AUD about 2c off its low, but if recent trading suggests anything it is that the market cares more about the USD Gold price than the AUD Gold price anyway.
@Cato, I don't know you understood my post (whether the figures were up to date or not), I was simply stating that SLR also has low debt, I am bullish SLR, especially after today's session.
SLR Price at posting:
86.0¢ Sentiment: LT Buy Disclosure: Held