If the economy, both here, and in China and the IOUSA, was sound...

If the economy, both here, and in China and the IOUSA, was sound (which its not) I'd be getting a lot of comfort from the gold price, especially the A$POG.
But the ASX and the DOW are at record levels, and "they" are assumed to be good predictors of the future .... but are they ?
In 2007, the head of Citibank famously said, when questioned about the overvalued, overheated markets, "we have to keep dancing, while the music keeps playing" ... subsequently Citibank and other banks almost caused an implosion of the world banking system and the world economy .... couldn't happen again .... famous last words.
RED share holders are somewhat panglossian and believe that the good ship RED is an ice breaker not the Titanic ... lets hope we don't need to enter a proverbial "ice field " somethings are best left untested.