RMS 5.34% $2.17 ramelius resources limited

market revaluation 75 cents., page-64

  1. 39,879 Posts.
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    Hmmm
    Must of the manipulation over the years I've seen has been the US supporting their currency which is not needed just now .
    Not to say the market hasn't been corrupted short term from time t time but have never seen it cause and don't expect to see the sorrt of weakness you're talking about and do expect there will still be continuing demand for the physical .

    Maybe there is still some downside for the US$GP but it has been mostly about US$ strength so far and the A$ weakness has mitigated a lot of that for the A$GP which is what really matters and expect similar looking forward .
    But unless we have a new black swan I think this phenomena may not last too long ,as the weakening OP indicates IMO ,(reduces inflationary pressutre).
    Market forces and rates are doing their job .

    ALL very much IMO !
 
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