Way too many spec gold bugs on the gold threads. LOL.....got to be impartial....
When AUD gold was looking great......and especially BRL gold (for BDR fans).....the price of many of these gold stocks was remaining subdued....even with compelling fundamentals in AUD or BRL terms
The summation of the above is the market reacts the best in USD gold terms....it's clear as day
I could be wrong, but I see a rise in USD gold coinciding with a rise in Aussie dollar which will keep our AUD gold price in check, all part of the levers at play, this however will not slow us down....
It's all about USD gold right now....
Happy for thoughts on this one, especially from @ozpolarbear
