GOLD
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0.51% $1,391.7 gold futures

all that matters is aud price - its up $20 aud, page-4

  1. Geiger Counter
    4,618 Posts.
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    17/12/09
    08:27
    Post #: 6054172
    Yes it is a bit more complicated than indicated if you are into gold equities and those equities have offshore interests.

    I have simplified it on the basis that I believe in Oz miners mining in Oz. I have done this because of sovereign risk. In the short to medium term I see sovereign risk as being a big issue.

    GC
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    lightbulb Created with Sketch.  Great analysis
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