GOLD 0.51% $1,391.7 gold futures

time to eat humble cake ..., page-25

  1. 24,765 Posts.
    Then RichardPossum, as you, and to quote you "remain only interested in gold in Australian dollars," a currency in relation to gold that most equity investors ignore when investing in gold shares, may I suggest you will imo be a lonely figure on your island.

    May I suggest imo that you will be taught the lessons of history.

    Many investors in the past have wondered why their good Australian gold producers have been declining in price while the AUD price of gold has been rising and why good Australian gold producers have been rising in price while the AUD price of gold has been falling.

    It's all in the USD price of gold. Not too difficult really to grasp, imo.

    Let's see what eventuates this time. Maybe this time it will be different and you will be correct. But I strongly doubt it, as yesterday and today are showing.
 
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