The South African Rand has weakened significantly to R6,90 to the US$ --- looks as though the Rand at long last is reversing into a period of significant weakness that may take it eventually above the key resistance level of R7,50.
Then SA gold stocks will really start to move up as the Rand gold price is forced upwards.
The POG is destined to rise in Australian dollar terms eventually but it is the Rand gold price that will lead the way and is something to watch out for.
