get the worry beads out, page-11

Gold mainnly got sold down by people trying to cover losing positions in equities.
Gold was ahead of itself by a coulple of hundred dollars of you have a look at the sharp upward turn on the chart.
Healthy corrective brought about by general market weakness last Thursday/Friday.
Still circa AUD 1,700/oz with the aussie/usd slipping down with the metals prices.
There has definitely been a distinctive link to resource prices and the strength of the aud over the last three years and it showed last last week. I think this trend will continue.