Ann: Trading Halt, page-47

from today's AFR:

"Increasing uncertainty about the health of the global economy means gold is the best hedge against an escalation of the global banking crisis, and the metal’s popularity is here to stay, Australia’s best performing fund manager has proclaimed.

Perth-based Argonaut Resources topped the table with a 41.5 per cent return since inception, or 3.1 per cent for the year to March 31, according to Morningstar data. Portfolio manager David Franklyn referenced the collapse of Silicon Valley Bank in the US and the subsequent forced takeover of Credit Suisse by UBS as underwriting the appeal of gold."