thats an interesting article elm
who would have thought that gold lost ground to Stirling only ytd
been struggling with Armstrong's "Goldman Sachs Conspiracy" ( a must read for conspiracy theorists btw- from what I have read they are all too stupid to conspire effectively)
-anyway Armstrong also makes the point that currency made and broke many corporations around the world who were "unsophisticated" (read dumb) in these matters
reckon many corporate and investing genius' in Oz don't get the big picture in currencies sometimes (- wish I had understood Platinum Int.s hedging better for example)
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