gold testing 1000 again, page-15

A little bit of persepctive.

around March this year - One AUD was buying 65 cents USD .

Now one AUD is buying 85 cents or thereabouts and looks like climbing higher against the USD.

So gold was trading at around AUD$1500/oz around March .. now around AUD$1150/oz.

No difference for the POG from a US point of view...

A big difference in Australia expressed in AUD.

So we want to see gold up there and the AUD down there once again before we start celebrating again.

And it might happen at some stage - but it's not happening now.

i will get excited if it does happen .. but I'm not excited right now.