Confusing. Rates go up then investors will turn to precious metals? Ok then.
Reaerve bank of oz got it wrong plain and simple, no conspiracy here. someone had to pay. The end.
No fire sale in oz by the way, and none imminent - whatever u have read on herders anonymous. So im not sure whats already happened here.
I think there will be two cuts in US by the end of the year. And one in oz. My opinion only of course. Lets see whose closer.
PS pretty sure that inflation rate isnt going to 10%. And yes, the rocks dissolve in the scotch.
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