You have been against Gold since it was $250 an Ounce, nothing has changed with you citing that there will be no advantage in holding aussie goldies due to the exchange rate yada yada.
At some stage gold will zoom past the no advantage point, (of which it has done), with the current price for our dollar being 90 cents. Eventually the aussie dollar will top out possibly at parity with the yankee dollar or a bit more and start coming down, (as the aussie dollar annot be sustained at those higher levels for to long, as it is not backed with gold, we also have little or none left in reserves, and we are printing money as well 3rd guiltiest behind Britan and N.Z, (suprisingly the U.S is 7th on the list as money printers go), was sold off at lower levels (Ala Browny now britans P.M then treasurer) sold off 1/2 of englands reserve for $250 ann ounce.
From then on it will be all profit for Aussie junior goldies of which have proven resources / about tocommence production..
