1. Most Discussed
  2. Gainers & Losers

Gold stocks enquiry

  1. angus1

    409 Posts.

    I am looking to increase my exposure to gold via gold stocks from the Australian market. My thoughts are that if gold rises significantly in the coming months there is a real chance the US dollar will drop substantially. In my mind an unhedged US producer or producer accounting in US dollars may therefore provide maximum leverage and the best entry as it won't be affected by currency fluctuations negating the gold rise benefit.

    Any suggestions on stocks that meet this criteria?? I was thinking Newmont? Are there any Australian producers that would meet this category, even small producers??

    Any thoughts on my theory and/or stocks would be greatly appreciated.

    I currently hold DIO, DRD and LHG


Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.