g-7 getting set to manipulate gold? , page-6

  1. 524 Posts.
    How do you hedge your USD risk with these north American's?

    Or they Canadian based??

    I can understand investing in Canadian miners - but US miners with the USD likely to drop another 20% minimum against the AUD over the next 6 months??? Not sure that I would be that bigger thrill seeker...

    I would have though that NCM should catch a bid given our AAA picture plus relatively strong local currency..

    Agree that the gold eventually gets brought back into the worlds financial system either through some SDR arrangement or as backing for a new global currency - when that happens it will be trading at ( multiples ) of current levels...
 
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