All 8 are undisputed, point trying to be made is that everybody is trading the AUD POG, whereas all Australian based producer selling is in USD, with their costs in AUD--- and that is being ignored.
It goes without saying that Australian based producers need a certain AUD POG to stay profitable.
Nobody even mentions the daily effect of the USD Index on the daily POG
More a philosophical issue obviously, the trend is your friend until it isn't, if you want to see exactly the opposite occurring with Spot @USD1277/AUD1681 check out the US Producers and Gold indexes.
Fundamentals haven't changed, page-537
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