Thanks kings, I agree, do you think we are at the end of a cycle where the imbalance between gold and the dollar and the housing market and the massive immigration intake and inflation and if maybe another interest rate hike could be a bubble.
If you were going by the text book of economics it would suggest we are going to have a correction, but it seems a new wave of economics exists where stimulus has no bounds and just keep pumping the dollar and it will eventually support business which in turn supports employment. ETC and good times go on forever.
Is this way of thinking foolish, or maybe Labor can stimulate Australia through a time of productivity in Australia and development. or Big Australia as they call it. Dick Smith doesn't think so.
Then again on the other hand just how far can market go up, look at the Dow, it's never been higher in a long term sense. but gold and it's value would suggest the health isn't sustainable, Any thoughts?
