gold, page-4363

Hi Wombat53 and all,

On the 9^th of May our dollar was sitting at US $0.67 since then we have had our political clowns fighting each other with outrageous spending promises in order to get elected. Of course if we can’t make this money by selling each other cotton underpants and flat screen TV’s from China we can always just keep borrowing. I see they have put higher capacity batteries in the Australian debt clock no doubt to cover the various election bribes!

And now our dollar is over US $0.74 as our interest rate is left static for the moment.

That’s a ten percent appreciation in just under a month talk about volatile the Australian dollar is up and down like a new bride’s nightgown these days!

I guess that puts a hold on my AUD $1,800.00 Gold price for the moment.

http://www.smh.com.au/business/mark...e-a-seen-falling-to-us67-20160509-gopuup.html

http://www.australiandebtclock.com.au/


Cheers and very best regards: Andy