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Should the quarterly produce a lower AISC than Sep14, the...

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  1. 4,372 Posts.
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    Should the quarterly produce a lower AISC than Sep14, the shorters will accelerate their push to cover their positions. The funds that sold out may have regrets and reenter. That would provide a double push to the north. After all, with the strengthening USD relative to the AUD causing the AUD gold price to increase AUD 180 in the last 3 weeks, all of which is likely to be margin, I cannot see a $2 stalemate for long. A $2.50 re rate looks more likely.
 
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