Baltic Dry down
crb flatlining after Chinese stockpiling
Dr copper and nickel rolling over
AUD a commodity currency or a carry trade currency with high interest rates?
My guess is that we may lose our commodity currency status and interest rates will be on hold or go down here and maybe the AUD will tank as the carry trade tanks
and gold in Oz will seem to rise more as gold rises against all assets everywhere
....thats the plan anyway!
maybe the AUD won't tank that much but the TA tealeaves still seem to be saying that its the right time to get into gold here in Oz
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