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0.51% $1,391.7 gold futures

usd up gold steady gold stocks smashed, page-11

  1. cya
    3,836 Posts.
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    09/08/11
    07:19
    Post #: 8793239
    the reason AUD gold is a great hedge is that in an AUD currency collapse even steady gold rises in value in AUD terms

    If think mid 85 are possible for AUD=USD, if gold holds steady then its like a +20-25% rise in AUD physical gold price

    Value at posting: $0.00
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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