the next spanking has begun!, page-5

Well sort of.

Gold down just over 1%

A$ down just under 2%

For our domestic gold producers the price went up last night.

Of course it does not help the current account deficit but commodity producers are not in as much pain as you might infer from the US$ drop.

We bought the equipment at $1.06 and get to produce at .90.

You could not plan it.

What wont be happening is new builds