morning,
it might already be there atm - but, it might not be by lunchtime either
which would make it 6 goes (or so)
I have been watching several currencies for months now - one thing that most miss is that almost everyone looks at the US/Oz -- and, one gets a picture
the picture one misses is that the Oz is being devestated outside of that - the exception being the pound which to Oz is up and down more than dirty knickers when you have got travel poos - so with Sterling - it depends on when you look - generally one could say we have been devestated there as well until very recently - when we clawed back some of the disaster - but, we are on the slide again it seems. Imagine sliding against the pound??????? How bad is it if that's the case????
I know this should be a one way street for Aussie miners and explorers with gold in the ground - but, it's not really if one thinks it through
Really - with interest rates where they are and where they are probably going - with Au in Oz$ where it is and where it looks like it wants to go -
we all should be sipping bubbles -------- but, we aren't - the global market isn't convinced - it's been tricked before
to me - this is one of the more interesting times I have ever seen for an explorer - where we are right now - this week in fact
I had a look at the DCN chart this morning --------- wow, they must look at their portfolios with great interest as well -- amazing
