HMX charting, page-28

malay, yep the low volume supports the strength. Perhaps the down day was a little over talked when you look at the monthly indices. It looks like a consolidation compared to a deep hit in 2020. Not saying it can't dip. Gold and copper are safe bets given that gold BIS arrangements are now in place and copper is a necessary good and export for structural change in the ev revolution. Think I would rather hold them as opposed to US dollars. Talk of bond rate rise has not affected gold, as the last one was short lived. There is a point where quantitive easing to stop inflation is illusory because given the high amount, yields are hard to pay out unless there is more quantitive easing which is now. Catch 22. US dollar has been in decline in real terms for some time as has the 30 year bond rate. Short term bond rate have always returned to the long rate. I think those that cashed recently in the States will look for long term yields in Australia on the back of the minerals as money knows no boundaries.