with respect, atlunch, I think that scenario is exceedingly unlikely. Oil may move down but there's no reason for gold to crash to mid 600s. Demand is very high at the current price and the supply is diminishing. I would put my money on gold rising to $A1000 not dropping to mid 800s. although I believe it is not impossible that the Australian dollar could go to 75c. If gold were to drop to $US750 I believe the Australian dollar would drop with it to between 75c-78c.
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with respect, atlunch, I think that scenario is exceedingly...
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