and taking a ride in Ben's helicopter promising to dole out the...

and taking a ride in Ben's helicopter promising to dole out the paper as required to keep the failing Ozzie capitalists alive.

Only prob is Oz debt is in USD and we cant print greenbacks like Ben can. Reckon then we will see AUD/USD retesting a long range triple bottom somewhere around 0.48 next leg down by next Mar equinox or June solstice as the USDX powers up for its next leg up.

Punting that AUD low will coincide with BHP low tho the big ex-Ozzie has potential to overshoot bit more as the Chinese start playing hard to get thru next year.

Of course that AUD/USD triple bottom may not hold given Oz's relative intrinsic weakness cf US.

And given the likely loads of dirty linen just STARTING to come outa the Oz XBA/financials balance sheets in dribs, BHP and other lean and mean resources Arks are the only global "banks" for my cash at the lows whenever.

Dont ignore the likelihood of extreme shortages coming up in uranium supply within next coupla years and further likelihood AUD will decouple from gold as the general economic malaise overwhelms the golden factors. Wouldnt surprise me if AUDPOG doubles next 12 months.

GORM rules for survive and thrive in play for mine.

I am looking out beyond 2009 with initial probing accumulation buys to suit my mid term views. Its all gonna be relative currency plays from here within broader GORM paper burm macros as (1) printing presses turn up a few notches and (2) resources production slows down / mines shut.

Sets it up for a resources supercycle C upleg into prob 2013 from whatever lows from prob H2 next year ... and likely to be the primary "D" wave rally driver from whatever megabear C lows in the DJIA/XAO some time next year. Close watch the cosmics for timing windows. Prefer to remain proactive instead of reacting to headless chook analysts who continue to ignore the MACROS .... its all WW3 of USDX versus the world ... always has been, always will be !

PS definition of guru Puplava's "perfect storm" .... USDX, DJIA, US bonds, property markets ALL falling in tandem as the US global con dissolves and triggers a wholesale baleout of all US asset classes. Thats the megabear C cresecendo capitulation prob next year some time. "Course there are the standard prevention-attempt measures like red herring terror or global conflicts but even that crap is wearing thin and unlikely the neo socialists in power will play that hand.

All macro-OPINION of course. i aint telling yas what to do, just thinking out aloud for my own macro stratgeies which havent changed this decade tho personal implementation has been far from perfect thus far. More than happy to listen to contra views.

IMBOOC