Markets tumbling...

I wrote the previous note before looking at the world markets. Again POG has not tumbled down although it has dropped a little but the AUD has fallen a little more. Hence, gold in AUD per oz has gone UP.

I will be hunting for more El Dorados on Tuesday, especially if Wall Street continues its decline and POG falls less proportionately. The AUD will fall if DJI drops. We are still USA's puppy. China can only be much wealthier if her markets can afford its products. The number one market in the world is still the USA.