The gold price in AUD has never been worth more than today, it...

The gold price in AUD has never been worth more than today, it even exceeds the all time high in 2011 when the gold price in US$ hit its high, AUD equivalent price. One can only imagine how high the price in AUD will exceed AUD$2000 once gold price challenges the US$1360-75 range and exceeds it. This is a great time to be in high end gold stocks, set against a backdrop of huge market and geopolitical risks, excessive debts in a global macroeconomic environment edging towards recession NCM seems undervalued on all measurements as I see it.

JFI