I agree. The alternative thesis to "gold is up and housing is expensive " is that our currency is heading to the toilet. U der that alternative thesis things that have intrinsic value (ie gold and real estate) become very expensive relative to our currency.
I think that alternative thesis makes a lot of sense and it explains the run up in gold and real estate much better i think.
Our country taxes too much and the government spends too much. Making us less productive and hence making our currency worth less. That why gold and real estate keep going up in AUD terms in my opinion. And this isnt about to change.
I agree. The alternative thesis to "gold is up and housing is...
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Last
$2.51 |
Change
-0.430(14.6%) |
Mkt cap ! $2.908B | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.79 | $2.49 | $44.80M | 17.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 77231 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.51 | 10639 | 1 |
View Market Depth
| Last trade - 16.10pm 23/04/2025 (20 minute delay) ? |
| RMS (ASX) Chart |