dollar tipped to top 80 cents, page-7

defab,

Let me see, good old macroeconomics...can I remember the basics.....

Metals is an Aussie export. Increase in metal prices, means our exports more expensive. More expensive exports means foreign companies need to pay us more for the metal in Aussie dollars. They need to buy more aussie dollars to pay us. Buying more Aussie dollars increases demand for aussie dollars. Increase in demand for aussie dollars pushes the price up.

Yep all good. By proxy we need to watch BHP and RIO. BHP alone is 13% of the All Ords.

PS: They need a lot of our metal in Sichuan Province China to rebuild after that earth quake.

Good food in Sichuan. Lot's and lot's of Chilli. We're talking Johnny Cash - "Ring of Fire" amounts of Chilli but it's so tasty.

Cheers.