aud vs gold, page-3

same comment - sorry to repeat dk!!!! Moral is I think gold in Oz$ can rise, even in a rising OZ$ environment....I agree with your post that the Oz$ will strengthen....... not because we're any good but because we're one of the least bad in the G20.......but keep in mind the value of an ounce of gold in US$ and the price of the DOW in US$........ if we see a traditional reversion to a parity point in that (dow:gold ratio), will will either see a massive pull back in the dow (seems unlikely with zero rates and all the stimulus around) OR a vastly stronger US$ gold price (say 3-4X the current $1,000us$)...... so again the question is will the aussie dollar appreciate at that rate?????? I doubt it matey....... so hang onto your gold or better still buy some gold juniors and make perhaps 10-30X your money on the right ones........