[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 105 KB, 960x720, 1530176135697.jpg [View same] [iqdb] [saucenao] [google]
20217763 No.20217763 [Reply] [Original]

why is the AUD still going up despite lockdowns in aus and enormous trade tensions with china?

>> No.20217769

>>20217763
Those are men

>> No.20217779

Why are aussie girls so fat

>> No.20217791

>>20217779
good joke

>> No.20217797

>>20217763
Because everything is opposite in Australia duh

>> No.20217826

>>20217779
It's decent compared to Muricans.

>> No.20218576

>>20217779
That’s what you get after generations of interbreeding between pirates and criminals.

>> No.20218617

>>20217763
because they are not printing nearly as much as the other nations.

Learn Friedman's monetary theory and everything that has been going on recently will make terrible, horrible sense.

>> No.20219134

>>20217763
Everything so far in this thread is wrong. It's international institutionals, particularly Americans, hedging into gold, silver, minerals, and the companies which produce them.
These institutions can either buy in the extremely overpriced American market, or get the same company producing more gold for 1/10th of the price on the ASX. Basically, trying to find shares more in tune with the underlying fundamentals, and there aren't many of those in the US.

>> No.20219305

>>20217763
1, 3, 4, 2

>> No.20219376

>>20217763
Because Australia shifts a metric shit tonne of materials out of it's borders, and it does not stop due to covid.

If you are interested, look up Western Australia's income per capita.

>> No.20219421

>>20219134
This is true, if you are not long ASX gold and some other mining juniors, you are currently missing out on the moon of the decade since covid hit.

>> No.20219649

>>20219134
>>20219376
Gold makes sense, but Australia's biggest import is iron ore and many of of their minerals (and exports in general) are tied closely to global growth. AUD has always been the currency tied to global economic growth, which is definitely not happening right now. So it feels like something is missing but maybe this is the piece.

>> No.20219659

>>20217763
Coz USD go down and gold go up
Mainly gold go up

>> No.20220163

>>20219649
You are right, except Oz iron ore exports/prices have not been downgraded because brazil's iron ore got knocked out by the floods, cutting a lot of supply.

>> No.20220225

>>20217763
For me, its #2. Cute and chubby just how i like em

>> No.20220583

>>20219649
>steel price is up
>brazil can't mine because covid
you should be very bullish on Australia at the moment. The housing market will drop like the overweight anchor it is, and there will be a spillover into the wider economy, but the fundamental production is fine and the country will do comparatively well.

>> No.20220634
File: 76 KB, 600x1099, 1593697335238.png [View same] [iqdb] [saucenao] [google]
20220634

>financial markets reflect reality

>> No.20220671

>>20220634
we're talking about financial markets you fucking brainlet

>> No.20220705

>>20220671
I'm saying that it is naïve to still believe financial marlets are a reflection of reality and not just controlled by central banks in 2020.

>> No.20220733

>>20217779
They're blokes

>> No.20220752

>>20220705
currencies reacted completely inline with reality this whole year though. They still are for that matter. the only oddity right now is the AUD

>> No.20220760

>>20219421
Which stocks should we look into?

>> No.20220934

>>20217763
Because the markets are rigged. They're all smoke and mirrors with fake algorithm generated activity to make them look more active and robust than they really are. It's all machines passing assets back and forth. Meanwhile because wealth is so concentrated, real activity can take place "off exchange" using a private price while everyone else uses a public price which those with the private price can use as arbitrage opportunities. They'll buy at the private price on the private exchanges and then sell to retail on the public ones instantly making a profit and instantly sticking retail with a shit position that's dead off the bat. This is why day trading no longer works and yet swing trading is generally unphased. Private exchanges/prices got big in the wake of the Global Financial Crisis. So prices that you see really don't matter in the slightest because it's all fake algo and HFT activity.

>> No.20221033

>>20220934
how to get involved in this?
does one just need more money? is is that simple?

>> No.20221169

>>20217763
Only like skinny girls desu but in this case if you choose anyone but that 2nd from left plomper youre a confirmed homosexual

Jesus lord almighty what a specimen

>> No.20221461

>>20221033
Connections. That's about it. It's not really any different than when really wealthy people get first dibs on the best investment opportunities and the general public is getting a swing at all the ones they turned down or configured in a way that the deal is way less appealing. Big money is fairly transparent with other big money, but almost perfectly opaque to the general public.