RRL 4.19% $1.60 regis resources limited

Opinion on gold miners, page-16

  1. 2,876 Posts.
    lightbulb Created with Sketch. 418
    With the decline in AUD it means foreign investors selling out of the Australian share market, best time for Australian gold stocks is when the AUD is rising and USD gold is rising, currently gold is in a flat range and AUD going down so that puts pressure under the gold stocks in Australia but eventually the gold stocks should go up with the higher AUD price of price of gold, just currently international investors want to get out of AUD denominated assets, that's my opinion and recommend hold.
 
watchlist Created with Sketch. Add RRL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.