Awhile ago you had a go at me when I said I believed the PM shares are following the general market.

You showed charts going way back to prove me wrong but as you know the PMs of LATE have underperformed the general market and I don’t mean since the last two weeks ago.

I’m having difficulties writing this post diplomatically because I truly don’t want to offend you or for anyone  but despite that I’d like to express an opinion which may or may not turn out to be correct.

“Agree, a bounce for uncle buck will be short lived if at all,”  I’m sure you know if you’ve read any of my posts that I’m firmly in the deflation camp and always have been since I started posting on GE and I must add I’ve never been more gold bullish in all the time that I’ve followed AU daily since 1975 especially in AUDs.

Most people believe the US$ will collapse once the TBills do IMO I believe at that time the US$ will do the moon thingy because most of the worlds debt is in US$ and anyone with any inkling will be trying to get out of debt and selling anything to raise those Dollars or Yen.

I believe there will be a time lag between the collapse of the T Bills and the mighty US$ but IMO both will go but not before most of the other world currencies.