XJO 1.10% 8,075.7 s&p/asx 200

us hedge funds shorting everything australia, page-13

  1. 8,656 Posts.
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    This excerpt taken from a small US savings and investment bank shows that the word is spreading about Australia.
    "Earlier in the letter today, I told you that Aussie dollars got hammered yesterday for no apparent reason that I could find... Well... Last night I couldn't deal with not knowing, so I researched and researched until I found the news I was looking for... Moody's (there they are again taking shots a smaller fish, instead of dealing with U.S. debt) made comments that the mining profits tax that has been proposed may cut earnings by 33%..."

    Chuck Butler Everbank.

    Looks like the whole World are avoiding us.Thanks Kev!
 
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