gold - uptrend is as clear as the nose on your fac, page-5

I just have this notion that the opportunity is not just a gold play - it should include a currency play as well.

For example, if the US$ devalues, gold will not necessarily appreciate by the same amount, so wait for the US$ to fall, then maybe buy gold.

But the outcome for gold stocks is far more complex. If equities are going out of fashion hence favouring investment in gold, then gold equities will also be out of favour.

I am struggling to get my head around this thing so I apologise if my thoughts are naive.