"chukas much as I like numbers:Is there any reference as to...

"chuk
as much as I like numbers:
Is there any reference as to where the A$ will be in those circumstances?????
Or to be more precise: if POG goes to U$ xxxxx - how much of today's value will be left in the U$ by then?
Numbers without reference are just numbers."


You are correct in a way that you have to refernce POG to currencies, but that's part of the point.
Gold protects its holders from inflation.
Gold stocks offer more because of their leverage.
A 50% rise in the gold price may give a 100% rise in profits.
Then you get more leverage again through exploration and organic growth in production.
Higher gold prices therefore do make a big difference to the real wealth of shareholders of gold stocks.