Gold and bitcoin leave Australia dollar in the dust

David Llewellyn-Smith

Tuesday, 25 June 2019

The AUD is down a little through the morning with no misbegotten RBA utterances to keep it aloft:

XJO is down marginally:

Aussie bonds are up:

Bitcoin and gold are upperer:

Dalian is soft:

Big Iron up anyway:

Big Gas is meh:

Big Gold to the moon!

Big Banks are all over:

Big Realty is not signalling much of a rebound so far:

Gold and its vapid cousin BTC the standouts.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.