One Tonne Roo

posted by: Dr. Michael Stone

for:

2011 · 11 · 23

Gargantuan Goooooooooooold…

The Perth Mint has struck a Gargantuan Goooooooooooold Coin.

Gold is indeed a Gargantuan Asset Class thanks to world ‘fear clusters’ & Gold ETFs.

The Aden Sisters currently have the US$ Gold price in C > D phase; see Chart:

This decade long gold bull has some talking about Generation AU – very catchy!

But what of Aussie Gold Stocks?

Well some are again finding share price clean air and I single out the Regis Resources ASX:RRL Chart as an example.

For the moment Gold Mining is again a profitable business with production costs at about US$500.

How long this will last I do not know.

More

For more rooloose on Gold – click here.

declaration

Stoner is not a licensed investment advisor; gold share holdings are ASX:ALK, IAU, RED.


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