Well look at that!!!? The obnoxious shmorgan was correctamundo. $14.41 silver and still falling. My premium buy price? A mere $0.89 - $0.99 over spot. :lol: :lol: :lol:
I'm not that fussed, I got my buy on at better prices than this around December, although I freely admit that I should have taken a big short aud/usd CFD position to currency hedge (plus they would pay me interest) so I could take advantage of the low USD prices. Damn you RBA, damn you all to hell.
I think the AUD is falling because of falling commodity prices rather than anything RBA has to say. The commodity index is at a 13 year low. The fact that the AUD is not even lower than it is is reflective of how bad everyone else is doing. There's really no clean shirt anywhere.