Gold stocks people...gold stocks...in this closing Oct week

Gold prices have come off a bit over the last few months. This might scare a few people, but actually its only positioning gold stocks for a very strong rally. Consider that since the $A is trading at $0.6236, the gold price in $A terms is $1230/oz, that's significantly higher than any prices we saw when gold prices hit their low of $745/oz, and the $A was in the 0.90s. The difference this time is that there is no immediate reason to think that the $A will fully recover because the $A is foremost a diversified minerals producer. So weak base metals and weaker coal & iron ore prices after those commodities are re-contracted in April will mean a subdued $A, which means FANTASTIC metal prices in Australian dollar terms, particularly gold, silver and platinum. We don't have much silver and platinum, but we have a significant amount of gold, so gold stocks hit by the equity market sell off are going to make a lot of sense.
Interested in gold stocks - check out my reports.
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Andrew Sheldon www.sheldonthinks.com