For those worried about the price of gold, thank god we sell ours in Aus $$. At least we have a buffer, although I am still surprised at the $A relative strength recently. Given the state of commodity prices it should be below 70, I would have thought.
The following article sheds some light on what the issues that a low US POG is having.
http://www.bloomberg.com/news/artic...tput-may-not-be-viable-as-price-sags-randgold
PB
For those worried about the price of gold, thank god we sell...
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