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ASX200, Australian Sharemarket, Ben Bernanke, BHP, Charlie aitken, commonwealth bank, diggers and dealers, fairfax, Fortescue mining, gold, insurance, Interest Rates, Mario Draghi, NAB, RBA, results preview, SGP, silver, Sirius Resources, stock, twiggy
Morning all,
I will keep it short and concise as I am at a hedge fund conference today .
Last night Uncle Ben Delivered…Wall Street Celebrated and Gold pumped….hoorah!!!
We will have a good day today unless your name is Twiggy!(even his day may be better!!!)
Whatever the effectiveness of printing dollars, and we can argue that one, the big winners will be markets and Gold in particular.Dow at 13500 a whisker off its all time high..shows what a low dollar can do..problem for us is it will make the Aussie stronger but that is for another day!!
For those that have waited patiently in Resource stocks, things should get better..enjoy the ride for a while…don’t be in a hurry to sell just yet..
Clarence
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