AU$ parity with US$? Is it going to happen soon?

[Silverthorn]

Here in the great white north we just slipped below by 3 cents

Gold and silver prices go down, but its still the same in CDN! booooo...

sucks and there's a risk gold will bounce back quicker than our currencies do so it might end up getting expensive.

 

[dccpa]

Here in the great white north we just slipped below by 3 cents

Gold and silver prices go down, but its still the same in CDN! booooo...

Don't worry cdnmetalmetalhead, you will catch up to us on the flip side.

 

[bbbbullion]

whats going on guys? everything is crashing.. Is this the crash everyone talks about?
id like to know what everyone's opinion is on this latest crash..

good luck

 

[grinners]

whats going on guys? everything is crashing.. Is this the crash everyone talks about?
id like to know what everyone's opinion is on this latest crash..

good luck

Fed didn't do as much as was expected (or factored in by the markets) so down we head in the contraction.

 

[thatguy]

parody... parity

 

[mmm....shiney!]

parody... parity

You saying it's like those shows that can last on Broadway or the West End for 20 or 30 years? And people still pay for tickets to attend?

 

[Nedsnotdead]

Timberrrrrr....Gold breaks through 1750 we could have a serious fall in gold(1550-1600) priced in USD and a significant rally in the DXY now(atleast if you believe technical).

Gold - 1,752.900
AUD - 0.98067
ASX200 - 3,886.0
DOW- 10,833.9
S&P500 - 1,133.56

Interesting looking at the gold V asx over the last couple of yrs

 

[mmm....shiney!]

I think I've just realised (with thanks to willrocks) how prophetic "Groundhog Day" was.

 

[errol43]

@am2. Parity reached..AU $ slips below US$...

Print more $$$ Australian Reserve just like US and get our $ down. Lets join the currency war,

Regards Errol 43

 

[AngloSaxon]

parody... parity

You saying it's like those shows that can last on Broadway or the West End for 20 or 30 years? And people still pay for tickets to attend?

There may be something in that. I think that sort of thing is all for the tourists. I go to those shows when in London. My English friends wouldn't go near those shows.

Being at parity is all for the tourists too. And not the ones that come over in 747's. The ones looking at FX screens who work for the big players.

 

[errol43]

Petrol prices to rise soon? 5/8 cents?

Inflation to follow suit?

Regards Errol 43

 

[TreasureHunter]

Very close. Interesting developments.

 

[mmm....shiney!]

Once the market realises it's QE to infinity again, well, then the game changes.