Fascinating day.
Many people who follow the herd media 24 hr economic commentaries will be be trying to figure the upturned logic that abounds now in markets.
Gold overnight up 1.2% leading to a 3% plus fall in most Oz producers with some like RMS getting reefed bigtime. SURELY it must have been +3% !!!
Our brave and ahead of the inflation curve RBA leaves rates on hold at.1% while Russia goes from 9.5% to 20%. By the way Mr DeBelle... can we have an update on where all the Australian gold has disappeared to in London ? Seeing you've sat on your hands for a month just to "concur" at .1% surely you have done something else.
I won't touch on the 24 hour flood and Ukraine mainstream media circuses. They feed on suffering peoples misery now. Shame on them all.
Expect the unexpected this week. Bank runs ? Defaulst ? Maybe POTUS will awaken and not ask who Putin is again....We await
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