global rates cuts and the aussie dollar, page-15

  1. 13,771 Posts.
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    PD & others

    The way I see it from reading various WWW is that the US$ is overbought & the A$ oversold - this may continue into blow off top/bottom but once all these billions actually get into the system just lookout inflation & the hence the cost of many things in the stratosphere - easy now but a hedge by buying gold would have helped & for all I know may still be a punt.

    Ironically is the rig to drill for Gold?
 
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