Ann: Director Share Sale, Appendix 3Y and ASIC Form 604, page-66

Oz employment numbers (monthly) printed terrible and pushed AUD lower. Hence why POG in AUD is not as bad as in USD.

Now we are faced with some difficult choices - Most people have mortgages to their eyeballs and can't handle the current rates. Many are still coming out of their honeymoon rates and will be facing shocking bills when switch to the variable rate.
Many expected to see rate cuts soon but Yemen has different ideas. The war there started to push inflation up again as shipping rates are skyrocketing.

So RBA can't cut due to inflation nor they can hike without triggering mass-defaults in the housing market. I'd say RBA will hold current rates for longer and the FED Gov will be printing and bailing out banks who will be writing off lot of losses in the home loans part of the business - as if our banks do anything else but home-loans. Gold in AUD to $4k by end of the year.

In US it won't matter if the FED cuts or not as the US Gov spends like drunken sailor and POG in USD will move higher once we are passed this short term softness. POG in USD will probably be around $2300usd by end of 2024.

AUD may fall further tonight. Good chance for POG to be trading above $2100AUD by tomorrow morning.

US weekly job numbers are printing tonight - expectations are to be flat but watch out if they print soft as the FED is in same position and can't cut due to inflation.

Something has to go our way to see POG moving higher.