KCN 4.65% $1.35 kingsgate consolidated limited.

General discussion, page-1376

  1. 5,515 Posts.
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    USD is the only game in town when other currencies / economies are going down the gurgler. That's why it's strong, not because it's great, just because the others are worse. Let's face it, Europe and Japan (and many emerging markets due to USD debt) are toast. Russian rouble is backed by hard assets, hence its relative strength, but you can't invest there. AUD holding up well and should be OK due to resource economy, but it's small fry in the global economy hence money still gravitate to US.
    Last edited by elzephyrus: 20/07/22
 
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