But why as soon as the au market opens the au falls then once european markets open it goes up then when US markets open the au goes up a bit more and then what do you know as soon as au markets open up again the au drops down again? I have only been watching the au v us since I started re visiting us 3 years ago but it never seems to change down while we are trading up when they are trading?
I came across this chart and found it interesting. Didn't know where to post it, so here will do. All of the World's Money and Markets in One Visualization http://money.visualcapitalist.com/a...&utm_medium=social&utm_campaign=SocialWarfare
Disagree. If you know more than just a little about markets and economies you realise that the goalposts are always shifting, there are always people who know more than you know and you're always dealing with imperfect information. Then you realise you need to work hard to analyse what you have to stay on top of it all otherwise you fall behind the pack and your knowledge is redundant. The ones you are referring to on the Bahamas beach are probably the 2nd generation who live on easy street and let hedge funds and money managers do all the hard work while they live off the inherited capital.
