Meanwhile the aussie is going up against the greenback so no joy...

  1. 2,070 Posts.
    Meanwhile the aussie is going up against the greenback so no joy for local producers or explorers. If the US$ drops 20% and gold goes up 18% it's a loss to our miners. Might hit US$3000 if the greenback strikes massive deflation but that's the prob - the two things go together.
 
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