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    • Pip Anon replied Nov 12, 2013

      Given the same chart I posted previously Aussie is playing it to T. Next level of significant support at .9217 AUD news is lacking this week, so it leaves it up to key NZD news for a possible trade. Dollar taking a nap, but we'll see. IMO, the ...

      AUD/USD
    • Pip Anon replied Nov 11, 2013

      I am aware on the buying, and turkey has increase their lot too. However, at some point, we have to assume given the price of gold that physical demand is not driving the spot price. i have come to the conclusion that gold is a traders paradise and ...

      AUD/USD
    • Pip Anon replied Nov 11, 2013

      That's what I'm saying. Even if a family makes 100K, that's still 5.3x larger. Look at the mortgage rates according to this: This is for a 550,000 mortgage. On the sub-5% your looking at almost $1 million in repayment. That's absurd. Family making ...

      AUD/USD
    • Pip Anon replied Nov 10, 2013

      Family I believe. I don't know if an average bloke would be buying a 530k home. It said that housing markets globally have risen equally with Sydney markets, and some of those markets experienced collapses. It just may be a matter of time given that ...

      AUD/USD
    • Pip Anon replied Nov 10, 2013

      Population growth doesn't matter when they can't afford a home. This graph is just on Melbourne v median wage given a two year gap, and prices have risen since then How in the world is 85% wage consumption on a mortgage healthy. That's damn near 7x ...

      AUD/USD
    • Pip Anon replied Nov 10, 2013

      Does "always go north" not sound like a bubble to you? The thing is FDI is not happening in Australia. Australia has yet to develop an economic system outside of mining. What always goes north, always go south.

      AUD/USD