Don't want to debate the pro's and con's of effect of AUD on profit performance of Aussie goldie's.
The market is not that smart, why should we be?
My point being the Aussie Juniors just got ahead of themselves and with the appreciation of the AUD that was the excuse some holders needed to take profits.
In the long run the level of the AUD is not that relevant as these stocks will REALLY run for one of 2 reasons (talking juniores here)
1) Explorers will become producers. 2) The POG will really take off.
As above I believe a buying opportunity is near am watching if the POG can consolidate support at 350.
