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359 Posts.
2
03/04/08
11:42
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Adjusted for inflation of costs gold in A$ is below where is was in 2000, 2001. We dont have a gold bull market here yet.
But if ppl act on the US$ gold price and expect some sustainable results here they can expect to be disapointed.
I would say there is hardly an investable gold stock listed on the ASX.
It only makes sence to buy US gold miners and hedge the exposure back into the A$.
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