Short The Highs, page-10

4% chance Fed will hike in June now increased to 30% chance. Maybe they will hike in July? Definitely once this year. Maybe twice. See what Yellen says on Friday.
Gold has other reasons to go to $1400 this year, $1800 next year. But US$ is only strengthening and our RBA has 2 cuts at least this year in it, so there will be temporary fluctuations, but, by hook or by crook, AUD POG is going to record levels and NCM is going to all time highs.