Problem with Aussie mining companies right now is they're caught in a pincer between two opposing forces - the POG and the AUD/USD ... problem being, the POG rises when the USD falls, ... but so does the AUD - particularly now - and that has a depressing effect on our mining companies, if not wholly fundamentally, sentiment wise.
And the only way the AUD is going to fall is if the USD gains value - but then the POG falls as well.
So ... maybe bitcoin is the go ...
Seewhaddappens ...
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Problem with Aussie mining companies right now is they're caught...
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