That's right, when the AUD drops the market should rise. At-least it will be a contributing factor anyway....
Although I have a negative sentiment, I'm not saying now isn't a great opportunity to buy certain stocks.
I'm just giving some explanation as to whats going on at the moment.
Craig- The other rumor going around is that China could pull out of US treasures and buy gold bullion( They have been encouraging their citizens to buy physical gold as a savings plan instead of putting it in the bank).....This could help support a movement towards a gold backed world reserve currency..... Austrian school of economics style.
