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Iron Ore busts through $90; $100 incoming, terrific news for the economy!
Topic Started: 14 Feb 2017, 10:03 AM (13,648 Views)
Tommy
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Trollie
14 Feb 2017, 08:51 PM
Iron ore and AUD have diverged, it's turning into a perfect storm for a boom.

Housing boom in the east, low dollar for tourism in the north and high commodities prices in the west along with a prolonged period of housing affordability.
Quick buy everything now! Please! Nothing can go wrong! Don't miss this golden opportunity!
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Rufus
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Tommy
14 Feb 2017, 10:01 PM
Quick buy everything now! Please! Nothing can go wrong! Don't miss this golden opportunity!
IO has fallen this session. First fall in 6 sessions.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Jon Snow
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Rufus
14 Feb 2017, 10:04 PM
IO has fallen this session. First fall in 6 sessions.
Quick, sell everything now! Please! Everything can go wrong! Protect your future!
herbie
14 Feb 2017, 10:00 PM
Well, as tha RBA makes a habit of announcin' regularly: " An appreciating exchange rate would complicate this adjustment."

For example: http://australianpropertyforum.com/topic/30061733/1/

As in FFS Sno Flake please stop talkin' shit - Like Sheesh, I just don't really expects nuthin' better of Catweazle 'n Simons 'n Chris - But at least wif you I'd held out half a hope ...
Yes, a depreciating exchange rate would be fantastic given that the Australian economy has complete autarky and we import nothing from other countries.

It's all up, Up , UP for the Australian economy with a falling exchange rate.
Edited by Jon Snow, 14 Feb 2017, 10:17 PM.
Speak when you are angry and you will make the best speech you will ever regret.
Ambrose Bierce
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Terry
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Rufus
14 Feb 2017, 10:04 PM
IO has fallen this session. First fall in 6 sessions.
Just think, not long ago, you would probably be nodding your head and chirping about selling tourism and education to the world. The suburbanites behave like butterflies hopping from plant to plant, dancing to the tune of the media.
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Trollie
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Jon Snow
14 Feb 2017, 09:46 PM
Oh, we are quoting in AUD now ... :lol
That's what the miners will report their earnings in so it's relevant
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Bardon
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Trollie
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Bardon
14 Feb 2017, 10:27 PM
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We are talking lift off here
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Rufus
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Terry
14 Feb 2017, 10:20 PM
Just think, not long ago, you would probably be nodding your head and chirping about selling tourism and education to the world. The suburbanites behave like butterflies hopping from plant to plant, dancing to the tune of the media.
We're doing that too. The $AUD hasn't gone silly this time.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Bardon
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Trollie
14 Feb 2017, 10:29 PM
We are talking lift off here
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Terry
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Bardon
14 Feb 2017, 10:35 PM
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You running of Domain articles Merlin?
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