ok daytr,back to business-i saw a report today with a graph that plotted the $US index against the realized $US prices of commodities.it certainly made you think.they are virtually a mirror image of each other-one goes up,the other goes down by the same amount.as the consensus of opinion sways very favorably towards a higher $US in the future,what then with oil prices-the higher the $US ,the lower commodity prices go.
i know our own massive devaluation in the $aus has helped to stem the tide,but for how long ?
cheers crazypunter
ok daytr,back to business-i saw a report today with a graph that...
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