In two weeks the Aud could be .60 usd and inflation heading towards 12%. The RBA needs to raise rates the next day after the US to keep our foreign exchange stable.
A neccessary rise of 1% will likely cause a market correction up to 10% or more. RMS could fall to 40 cents within 3 weeks which I find amazing.
A financial advisor who was linked to AMP became edgy with me a couple of months ago. He said, if you convert to cash you cant recover your loss. Financial advisors and fund mangers drown investments as the market enters a correction or crash similar to 2008. This is maintaining market sentiment to some extent, lack of action..
The level of funds under management leads me to belive market sentiment is a lot worst but the effect is delayed because the market has not converted to cash.
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- Gold correction to $900 to $1100 usd ounce.possible.
Gold correction to $900 to $1100 usd ounce.possible., page-58
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Price($) | Vol. | No. |
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5 | 98093 | 1.915 |
4 | 38270 | 1.910 |
2 | 15011 | 1.905 |
2 | 7925 | 1.900 |
Price($) | Vol. | No. |
---|---|---|
1.925 | 42195 | 3 |
1.930 | 87402 | 5 |
1.935 | 37695 | 3 |
1.940 | 31887 | 5 |
1.945 | 113700 | 5 |
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