Cato,You are thinking AUD$.Have you thought about where that...

Cato,

You are thinking AUD$.

Have you thought about where that leaves the usd$ gold price.
With 'your theory,' relative to the US means that as the USD$ rises their goods become cheaper which means they have a deflationary effect on their economy??

In turn, that is why we are seeing the drop in price of the gold in USD$?
If so, as the USD$ is being bought the saving grace for the Aussie gold price is that the AUD$ is falling which offers gold for the Australian market at a more stable price.

Cheers