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Search: Posts Made By: Goose
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Forum: Australia
Feb 25th 2003, 3:49 am
Replies: 75
Views: 7,954
Posted By Goose

You do have a point PB and I understand your...

You do have a point PB and I understand your reasoning. I am no economist but I do a lot of reading and I did a bit of research the other night on the Aus$ (as well as Canadian dollar, Norwegian...
Forum: Australia
Feb 25th 2003, 1:56 am
Replies: 75
Views: 7,954
Posted By Goose

Here is another link to an article dated today...

Here is another link to an article dated today which better explains the benefits that increasing commodity prices are having on the Aus $ and why the Aus $ should strengthen even more (as should the...
Forum: Australia
Feb 24th 2003, 12:18 pm
Replies: 75
Views: 7,954
Posted By Goose

Well spotted, Devlin.

Well spotted, Devlin.
Forum: Australia
Feb 24th 2003, 7:53 am
Replies: 75
Views: 7,954
Posted By Goose

I doubt it PB. The current upswing in the gold...

I doubt it PB. The current upswing in the gold price began in 2001 (long before the possibility of this war in Iraq). Gold reacts inversely to the US$. The US$ is depreciating and will continue to...
Forum: Australia
Feb 24th 2003, 5:19 am
Replies: 75
Views: 7,954
Posted By Goose

I wouldn't presume to know but I don't believe...

I wouldn't presume to know but I don't believe that exchange rates change without there being fundamental reasons for the change.

In Feb 97 the rate was GBP=AUS$2.05. The gold price was US$410. US...
Forum: Australia
Feb 21st 2003, 12:23 pm
Replies: 75
Views: 7,954
Posted By Goose

I wouldn't hold your breath for an improvement in...

I wouldn't hold your breath for an improvement in the exchange rate, that is if you are wanting to exchange sterling for Aus dollars.

There are few factors at play here. Firstly commodity markets...
Showing results 1 to 6 of 6


 
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