Gold Price, page-4

I noticed AMP has further reduced its holding in the last week or so this would not have helped.
CRS is my view was/is undervalued compared to its peers.
AMP may have increased its holding to get things moving originally, without looking I think it has reduced its holdings to about half.
It’s current holding could now be at a level that could be considered free in real terms.
What I am getting at is the selling pressure from AMP may well now have stopped any further sell down I would see as a concern.
If what I have eluded to happens (AMP has concluded selling ) then any improvement in the AUD gold price I believe will see a strong bounce.
IMHO

Gyro