Cocktails and Commodities
Cocktails and Commodities
Shae Russell
The only ratio that matters for gold
44 minutes Posted Nov 12, 2023 at 10:59 pm.
) – Starting out when Alan Bond ruled the gold sector
) ­– The last of the ‘chalkies’
) – How Australia became a gold mining behemoth
) – Aussie dollar: From parity to half
) – Look for the purple patch
) – Currency weakness, high mining costs & gold prices
) – Hedging secret: Why miners need to hedge oil
) – Where the gold price is going
) – A favourite tipple
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Show notes
“Back in the day if you couldn’t see it, you couldn’t mine it”.
Sean Russo, managing director of Noah’s Rule joins Cocktails & Commodities. In this episode, Sean revisits ‘the last of the
chalkies’, the impact the newly floated Aussie dollar had on gold miners hedging books, two key processes which transformed Australia’s gold mining industry and why the purple patch is the sweet spot for gold investors.
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Prices correct at the time of recording