RMS 1.29% $2.36 ramelius resources limited

market revaluation 75 cents., page-91

  1. 225 Posts.
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    The USD has an outsized impact of GOLD. And the USD has been very strong recently.
    This is interesting and illustrates the point below, GOLD hit new cyclical highs in all other major currencies apart from USD.
    I.E the weak AUD has been helping domestic exporters of Gold like RMS.
    Not an inflation hedge. Not a safe haven. - All Star Charts -

    https://hotcopper.com.au/data/attachments/4513/4513511-41717aa627b335a6249bc63be4123ce7.jpg

    https://hotcopper.com.au/data/attachments/4513/4513514-ae8c893ef701d23d537189c4f98f9aa5.jpg

 
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