Doomsayer cheech?Maybe not.Fins lead article this weekend was a fairly high probability of a futher interest rate reduction due to further global weakness,the drought and the slowing housing market.Probably something coming to the fore would be the continued cutting of rates by other countries.No wonder the Aussie pesos going out the roof.If they dont want us to follow suite as our exports become less competitive and we fall into an even bigger hole they will have no choice but to follow,housing bubble or not.World economies not looking too good.
Go GOLD!!!Reduce those rates JH so our Gold miners dont fall behind.
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66.580 | 39 | 1 |
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Change
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