...when you get this sort of picture, it is difficult to be in gold miners now...because
1) you could be in the 'wrong' gold miner which underperforms relative to AUD Gold
2) as we draw closer to a possible equity market correction, and in its absence a potentially larger one down the road, being exposed to gold equities is being exposed to equities
3) rising AUD not exactly favourable for Aussie gold miners
