yes I am aware of this relationship. however, $330/ounce at an exchange rate of 58 is still better than $260/ounce at 51. Anyhow, i'm trying to look at the big picture where people (experts in this field apparently) are saying $500/ounce is very achievable.
One needs to determine whether or not you believe what they say. I actually do believe in this gold turnaround story but, we will all have to wait and see the outcome i guess and of course its not without risks.
