RRL regis resources limited

Time to buy Gold?, page-43

  1. 582 Posts.
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    Except Biden printing would in the best case drop the US dollar vs the AUD and the rise in gold would probable cancel out.

    You guys are ignoring these are Australian miners.

    https://hotcopper.com.au/data/attachments/2824/2824019-3ce67c82b5ee6403976fd41d2eb0a9a2.jpg
    AUD gold price is back to February levels.

    With the AUD likely to strengthen to Parity, this will keep going, so it's going to take a monumental rise in gold price in USD to counter that.
 
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