X64 0.00% 57.0¢ ten sixty four limited

gold price fixing, page-7

  1. 26,945 Posts.
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    I tend to think a US recovery will lead to inflation which gold is a traditional hedge against. IMO US$ will rise as their employment figures improve and it will be a great surprise to many that US$ strength will go hand in hand with a rising gold price. As the previous Oz govt' legacy is ever worsening employment figures, a manufacturing industry in terminal decline, an unbalanceable balance sheet and consequently a weakening Au$ for a prolonged period, it seems the stars are aligned for Oz Gold Mining stocks.
 
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