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0.51% $1,391.7 gold futures

Great time to be AUD Gold producer

  1. Sharetrader78
    12,792 Posts.
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    19/01/16
    09:22
    Post #: 16822005
    It's very simple oil is now at 2003 lows yet Gold is more than twice it's 2003 price ..then add in a much lower labour rates , overall cheaper mining costs, Lower AUD/USD and trending lower ...it's a great time to be a Gold miner in AUS / AUD ...

    2016 is going be the year than many a ASX gold producer breaks new highs on Qtr results showing fat profit margins..

    AUD GOLD $1585oz

    Follow the trend a invest for profits not hope
    Last edited by Sharetrader78: 19/01/16
    Value at posting: $1,090.1
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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