"and it has a lot more further to go!" - hmm why not "much more furtherest"
It seems pretty obvious that with stocks surging up and the AUD surging against the greenback that there will be short-term bad news for any australian long in gold. I don't know what all this "inflation" talk is - but currently there is no inflation problem outside of Zimbabwe - that is some way off.
I agree with some of above - gold is a bad place to be short-term if your currency is the Aussie Lira...er.. dollar, and the best option will be to exit and re-enter when the market wobbles return in a month or two - at which time gold may be 50% cheaper in aussie bananas...er...dollars - and you'll be ready for the next upswing.
Just my opinion but it seems the more likely near-term gold price trend from everything I have read and seen.
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