Hi @Netraam
You have pick 2 years in the past 18 for your analysis.
If you bought gold in 2007 before it broke out how much would you have lost in 2008?
I think your analysis is quite bias. You fail to show the strong run in gold from 2000-2008 and comparisons to overall market.
Gold was still up 3 fold while the ASX 200 was square over the same period of time.
The market is usually slow to react and quick to overreact to most changes.
Gold has moved US$130 oz since the Aug 18 lows while moving A$270.
If gold gets to US$1,360 oz and the A$0.68 gold becomes A$2000 oz and I don't think we are that far away but thats just IMHO.
I reckon that will float a few boats as there's nothing like fear and hype to induce a feeding frenzy for undervalued explorers with ounces in the ground nearing production especially with a few bits of good news
Hi @Netraam You have pick 2 years in the past 18 for your...
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