The trouble Hobo is that if the price of gold goes up, SLR share price could really fly, particularly as it is supported by all the good news that has come out.
In my experience with the gold price, particularly in AUD, its a 50/50 call which way its going to move. There are so many posters on HC, who for one reason or another take a view on the movement and do so with authority. But from what I can see, there are so many factors impacting the gold price and the AUD/USD exchange rate, not too mention the US manipulation of the gold price, that its impossible to predict which way its going to move. A lot like being at the casion, in my opinion.
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