GOLD 0.51% $1,391.7 gold futures

Time to eat more humble cake for the "It's all in the Aussie...

  1. 24,765 Posts.
    Time to eat more humble cake for the "It's all in the Aussie dollar price of gold for ASX listed gold producers brigade."

    As you can see again, with the producers getting wiped out, it's not.

    If gold had gone up US$20 last night but not one cent in Australian dollar terms the odds would be very high that the leading ASX listed gold producers would be strongly rising.

    I guess the "It's all in the Aussie dollar price of gold for ASX listed gold producers brigade" are going to be learning a very hard lesson imo.


 
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