AYN 0.00% 0.1¢ alcyone resources ltd

agapitos, no, not joking. AUD is held high as a commodity...

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  1. 28,822 Posts.
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    agapitos, no, not joking. AUD is held high as a commodity currency and by the carry trade. Interest rates are on the up in Europe, and will start to rise in the US in the next twelve months. Chinese demand for commodities is already on the wane. So the two props for our currency are weakening, and I can't see why it won't go back to where it was ten years ago.

    Which will be really good for anyone holding or mining silver - so yes, the AUD has everything to do with AYN, just as much (and maybe more) than the US POS.
 
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