nst - a positively geared investment, page-6

too many different voices on that one !

Eu stabilising ?

Positive data out of US ?

For how long exactly ? Merkel will keep it under control till elections in October, my guess is the real "mess" will start then.

Bernanke wants to exit QE2/3 whatever - no signs yet and doubt they actually will.

Japan on a money printing journey.


Yes gold may dip for a while - but do not see it crash yet (neither does Bill according to the interview - but he does keep a close eye on developments)

I revise that point of view should we break pog USD 1550

And the flip-side of the coin:

IF and I mean if - everything is going so "swell" - AUD should depreciate as the "risk on" money will be put into other banks/commodities

The current AUD/USD correlation has cost our (gold) producers plenty - but to a certain degree the biggest volatility has been buffered in AUD terms due to currency fluctuations.

So - I could live with POG USD 1550 if our dollar was 98 cents (where it should be or lower)