GOLD 0.51% $1,391.7 gold futures

anyone else sick of this?, page-26

  1. 2,182 Posts.
    the oly thing thats hurting the aussie gold stocks is the bloody dollar.
    if they mine here is compounded as the price gain is lost in the exchange rate to sell into US$
    then people in oz who hold gold actually see their investments shrinking, even though POG is up.
    theres not a conspiracy, its just the market doing what the market does, being a complete interlinked system.
    having said that, I would still be looking to get my hands on any goldies that have proven reserves or have production.
    there will be a tipping point in the Aus $ versus the price of gold and i think we are close approaching it.
    Gold keeps rising and the dollar will topout soon in my opiion.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.