It would be amazing if we did hit the low 5's and for gold in...

It would be amazing if we did hit the low 5's and for gold in aussie dollars to hold up. We're about $1594/oz right now -- that about $150 extra an oz straight to the bottom line compared with recent prices.

I guess the market is uncertain whether the good prices will hold. Everything is so volative-- one day the aussie dollar is hitting recond high, then dollar tubles and gold in aussie dollars is nearly hitting recond high.

Then left field events could happen like perhaps our government saying "New tax-raising idea: let's slap a double tax on gold producers because they are creaming it right now."


I wonder if FML is allowed to buy Stone's CRE parcel off them at a premium price. I guess they are. It's almost like nasty mafia tactics!

Interesting times and hard on the nerves.