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Weekend Charting and Chat - 4the Sept 2015, page-24

  1. Stormborn
    215 Posts.
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    05/09/15
    09:14
    Post #: 15940552
    The XMJ has been in a down trend since the GFC. This current correction/crash is finally displaying the weakness of the Australian economy causing the AUD to drop. Resource companies will benefit significantly from this. Especially those without USD denominated debt.
    Its about time bubbles created in property and in the search for yield popped. Maybe this is just beginning and 2016 will be the year money rotates in the resource sector?
    Comments?
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    lightbulb Created with Sketch.  Great analysis
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