GOLD 0.51% $1,391.7 gold futures

Question for anyone that can answer.QE3 is announced = AUD and...

  1. 246 Posts.
    Question for anyone that can answer.

    QE3 is announced = AUD and GOLD rises and USD falls.

    Will the rise in AUD not offset any gains in GOLD. Meaning that one would rather be in GOLD stocks rather than gold physical or Gold ETF. Thereby obtaining exposure to rise in GOLD and rise in AUD?

    Thanks
 
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