Yeah, good points in that last paragraph. A false IOP rise, if it then collapses again, will drag down our biggest miners and we can kiss some of their royalties goodbye. Bad for jobs and economy and bad for govt budget. When the market realises that deflation can affect property prices, the asset behind the loans that the banks have on their books, then the big banks will falter as well.
All looking good for a rise in $AuD gold price.
Can't recall the last time I read of some sustained positive economic figures anywhere in the world these last several months. World central banks and governments are holding it all together with bandaids imo.
