AUD is still warm this morning:
Bonds are bid:
XJO is red hot:
Admire the great ASX bubble of 2020:
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Big Iron to the moon:
But positively cheap versus some:
Big Gas to the moon:
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Big Gold can’t get a bid amid the largest monetary fire hose in history:
Banks to the moon as all risk is forgotten:
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Behold their bubble trading on an unprecedented 18x now:
Big Chunt is positively boring by comparison:
So long as there is no data or regulatory accountability, fantasyflation can run to infinity and beyond.
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