the $US is outpacing all other currencies therefore countries and companies that carry big $US borrowings will have trouble repaying those debts as their currencies weaken.
The inflated DOW could be a suckers rally.Also the expected cuts in CGT has kept many from taking profits during the rally.What goes up will come down.
WRT BDR,price action not encouraging just B4 quarterly ann.CEO has conceded that Tucano as is is not enough.We need grade.BDR is back 2 being a developer.If the grades don't increase g-d help BDR.I think the admin is as good as it gets but Au mining is a tough game.The oft repeated mantra of"theres Au everywhere"is wearing thin.
I think wrt guidance,BDR will scrape(thats the appropriate word)through.A rising POG will help but its not enough.Its a pure punt .Fasten your seat belts....
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