RSG 1.23% 40.0¢ resolute mining limited

A number of US commentators are tipping pog (in USD) will go...

  1. 2,393 Posts.
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    A number of US commentators are tipping pog (in USD) will go down, over next 4-6 weeks, to USD1280 & possibly then to $1247 mark. What the AUD price does depends on the value of the AUD/USD. If AUD goes down against USD, then Australian producers will not be affected as much. But Australian listed goldies with overseas mines will suffer, inc. RSG. Watch KLA (also listed in US & Canada as KL), because its costs are in AUD (I think), but its sales in USD.

    pmd3nka (out of golds at present, except tiny holding of GOR. Watching DCN, WGX, MOY, BGL, AMI, RMS, RED. When pog goes up, EMR, SAU, although those currencies may weaken against USD also)
 
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