re: $28 oil prediction & gold....===
somebody has previously posted the relationship between the gold price , the US dollar and share prices. true, the australian gold price, may not be all that much higher, but at the present price, the profitability is still pretty good. a lower US dollar, could well mean lower input prices. also, there is a chance of american money looking for gold shares - any gold shares, as means of protecting themselves against their falling currency, which could fuel an increase in the price of australian gold miners. the present situation suits me just fine