Record AUD POG above Au$1800 may come much sooner than anyone imagines. Eg that's US$1300 @72.2c or US$1350 @75c - how about Au$2000? Eg US$1400 @ 70c? Not too hard to imagine...
Markets will be fixating on Brexit risk shortly. They will probably vote to remain in EU when it comes to it, but there would be turmoil if not.
The Ozzie is doomed in any case, but a Shorten or hung parliament won't help. And Shorten will likely stab himself in the back after a few months, he has previous.
Then there's US unpopularity contest in Nov, either outcome too awful to contemplate. Enough deranged egomaniacs on the loose in the world without one in the White House.
