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
- Forums
- ASX - By Stock
- usd up gold steady gold stocks smashed
the reason AUD gold is a great hedge is that in an AUD currency...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online