I read recently that Oz is increasing money supply by 13.5% y on y, while the US is "only" increasing 6.6% (errors accepted). Our personal debt is worse than theirs, so where does this strong dollar come from? Must only be hot US$s which will reverse at the first sign of weakness causing a tumble.
- Forums
- ASX - General
- gold stong in $a
I read recently that Oz is increasing money supply by 13.5% y on...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares