Right yes but I do think as this deflation cycle plays out USD will trend higher and there is a chance USD Gold could head lower ...so for me AUD/Rand etc producers or soon to be producers a great investment outlook with lower currency risk
The price of Gold breached R 18,000/oz for the first time ever on the 11th of January 2016 in South Africa (R = Rand). It is currently standing on R 18,239/oz
