VanEck Selling, page-2

ASX

As I was saying the other day the Australian GDP/Debt/Terms of trade are going to be bad and some economists are now tipping Australia to be in a recession. Believe the talking heads or not the figures that are due out wont be good imo.
I think we can expect there to be a big risk to the downside for the ASX and the Australian economy.
How will the government BS their way out of this?
Will they change the model to ascertain the inflation and cost of living data again?

Gold may get a rise out of Australia but then Australia has little to do with setting the price of gold on the international market. This is done on the CRIMEX and the LBMA twice daily gold fix in London.

Still and all POG increasing slowly and POO falling, interesting.