Just caught the end of Chris Locke of Oystercatcher on CNBC again.
One day I will see all of it, lol.
He is excellent in his work and I recommend you catch him if you can.
He suggests US rates are headed higher and US dollar much lower and AUS dollar much higher.
I have to presume if US rates are going higher and yet AUS dollar is going to climb that our rates too will at least have to match the US ratchet up.
That's positive for gold I presume, but not for most equities.
tuesday night, page-25
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Last
7,889.6 |
Change
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| XJO (ASX) Chart |