@Tony_Sycamore Are you taking into account a rising Australian dollar? If you aren’t comparing the indices against the same currency these calculations are meaningless. At this stage most assets classes rise as a function of fiat debasement
@IFM_Economist@Scutty No need to talk about LVR. When the house price drops 5% they would be forced to choose between saving the currency vrs the housing bubble. The can’t ever let it drop
$ASST #ASST
The light blue area I showed on the chart is the FVG zone. If the price doesn't touch these areas, the rise becomes unhealthy. In that case; just like the Earth would fall out of orbit and its movements would become unpredictable without the moon, price action turns into the same and becomes extremely dangerous
@profitsplusid@finding_finance Platinum is mistakenly called an industrial metal by experts. The danger is when this metal gets accumulated more for a store of value than its industrial use. We start to enter the desperate hunt for the metal by industry while smart money are accumulating