Surely buying gold ETF is more of a currency play than anything else. While there is a carry trade into Australian dollars - there is no way you're gonna make good money on the gold etf.
I'm hoping for another round of risk aversion - at which point I'm going to go long heavily in the aussie gold etf...
Things to look for... systemic downturn in commodities and/or a couple of major us hedge funds going bust.
- Forums
- ASX - By Stock
- GOLD
- us$1000 gold ... this time it's different
us$1000 gold ... this time it's different, page-11
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online