i was checking the views of the currency stratgy guys and they mostly see the dollar at around 65c plus or minus 5c for the forseeable future
so $1500 aussie gold is now on the cards
thats a phenomenal price. If it holds its going to start a massive gold boom in Australia, esp WA, as there are dozens of mines not profitable at less than $1000. Even a small 15,000 ounes pa operation can now deliver big profits
what a time for the Oz gold bug!
MCO Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held