Amazing how this stock was in the low 30s when we had a strong AUD at $1750 --- about the time i sold out.
Then it got pumped hard to around 60c. Now gold has come down a bunch and has been smashed under $1200 US SLR is still strong as an Ox at above 50c. My point is the POG has no correlation to the gold price in AUD or US$. It seems as though its mainly based on if Van Eyck or similar are buying it as part of the index.
SLR Price at posting:
50.5¢ Sentiment: None Disclosure: Not Held
