gold, page-101177

Hi to all the regular gold bulls here.
I’m rather bullish on golds next few years and would like
to know what some of the longer term players think
about investing here VS asx QAU.

If the gold price moves up and the AU dollar appreciates
in price the profits become limited. QAU offers a hedged
dollar in either direction so the increase in the gold price
becomes fully in your favour without the worry of any
currency complications,

The slight increase in commission seems very reasonable.

Note: The last major gold price hike in 1980
saw the Australian dollar surpass the US dollar

So my questions is in two parts.

1. What are investors thoughts here VS QAU
2. someone please tell me what the $1391.7.
price reflects.

Thanks and best of luck guys.