Maybe not! The whole market has been ramped down by those who are loading up.
Yesterday the AUD rocketed, then came down, and now its heading up again. Why?
Fact: Despite the high prices China is eating our resources like never before. Just can't get enough.
Australias trade surplus widened in May as exports of coal and gold climbed on demand from Asia, outpacing a gain in imports.
The surplus swelled to A$1.65 billion ($1.4 billion) from a revised A$1.12 billion in April, the Bureau of Statistics said in a report in Sydney today.
Australias trade surplus is being fueled by a surge in prices for iron ore and coal shipped by companies including BHP Billiton Ltd. Signs of a rebound in mining investment may gather pace in coming months.
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