gold, page-1867

The concern was / is disinflation and there was no rate rise in Sept, from which you draw that post out of context. Only you were wrong on that call. I didn't punt on the December call, but commented afterwards they might regret it. As a side note, Australia joined other nations to record deflation last quarter and the risk globally while the disinflation cycle continues has not yet diminished.

At the hopeful chance you might actually learn something for future contributions, mid-tier Aussie domestic producers are EVN, NST, SBM, RRL, SAR with DRM to join. They have paid tremendously since last late '14. I should know, I have the trade slips. XGD is not representative of that basket due to the over-weight influence of NCM. You saying otherwise, does not in any way alter reality.