19 August 2013

A fundamental catalyst to trigger short covering in AUD

A chart I saw on the weekend business show caught my interest. I believe it was sourced originally from Citis. I saw it on Alan Kohler's Inside Business on  Sunday morning.

It shows the AUDUSD versus the terms of trade faced by Australia. Combined with the market intel that traders are still positioned at close to record short on the AUD, it suggests a powerful catalyst is at hand to prompt a scramble higher.

16 July 2013

Where has all that ETF gold gone?

A fascinating read is to be had here - http://www.mauldineconomics.com/ttmygh/what-if

But to cut to the chase, there is one chart that sums up the entire piece with quite astonishing implications for the price of physical gold.

15 July 2013

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