GOLD gold futures
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hyperinflation and depression, page-5

  1. pugnacious
    1,418 Posts.
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    25/05/09
    08:36
    Post #: 5199418
    Hey troyus,

    Front page on today's fin review is a little article about the yen carry trade starting to take off again.

    I've wondered - but not too much - about the share price of our gold cos. They tend to follow the USD POG. Can anyone explain why? Is it because of foriegn investors rather than local investors?

    If gold remains priced in USD - in the mid term at least - and the USD is going to hell in a hand basket: then why should aussies invest in things that are linked to USD's?

    - pug

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