http://www.perthmint.com.au/metalprices.aspx
Just gone passed 46 per K and the fat lady has not even started to sing 
not one of the cheapest places to do your shopping.Always been the Ferrari end of the gold processing market.
below words from a broker
April news
Also there has been sell offs in most commodities including oil and base metals and even safe haven Gold has seen declines as investors flee to cash.
Short Term investorsGenerally following a correction, a short sharp bounce occurs with easy profits to be made. For those of you with an extremely short time frame I would say it’s still very risky to be jumping in despite most companies (large and small) looking like bargains. My thoughts are this…..if you want to try and trade the bounce for a quick trade, if and when it comes. You should wait until the market is clearly showing it wants to recover, ie a few good days of gains in a row or when the global media start actually reporting some positive news for a change. Sure you will miss some of the upside by waiting but its much easier than trying to catch a falling knife as they say. Also as we are down nearly 15%, a couple of percent left on the table wont break the bank, particularly if it means you didn’t lose any money if things continue to fall. This is really important as generally the short term trader does not want to lose or risk capital, hence the short term nature of the trades. Likewise, anyone with a short term view should look to take profits on any holdings as things could get worse before they get better!
Long termI am still very optimistic for a world wide recovery later in the year for many reasons, Things aren’t as bad as they were a couple of years ago when banks were failing and general fear of a financial apocalypse. The European issue will resolve itself soon as did the Dubai issue of last year. The Euro zone will one way or another sort out Greece and any other problem children. KRudds tax will either be severely watered down or he will lose the next election (Win/Win whichever way you look at it) and You cant tell me that 1.6 Billion Chinese who are only just starting to have a taste of wealth are going to give that all up at the whim of there government (They will continue to Consume and Spend). Based on this I believe there is some great buying opportunities out there for the long term portfolio investor across the board (See below for Buying Suggestions) as the long term investor is not so worried about day to day fluctuations and knows that stocks at a 10-30% discount from a month ago is a hell of a good buying opportunity when you consider where they might be in 6 or 12 month or even 5 years time!
