Hi @pezsaz, Thanks for your acknowledgment. I’m not an economist...

Hi @pezsaz,

Thanks for your acknowledgment.

I’m not an economist or an analyst. I would not bet one dollar on any talking heads saying anything on tv, Bloomberg, CNBC, Westpac economist or CBA etc.

These heads were talking about RBA rate hikes when I was betting on a lower Aussie dollars, hence my involvement in most Aussie gold stocks.
However, I don’t think the RBA is ready to cut rates soon. They will just keep holding rates.
The Aussie Gold Price is as good as it gets.
Any further rise of gold price will come from the actual demand of the product rather then a US Dollar Or Aussie Dollar movement.

The most important thing is if this Aussie gold price holds then most Aussie miners should make good money. After the merger, I think a quick re-rating to 75-80c for SLR is on cards now.