Monetary Market
ronnyJnrJnr
The Australian dollar was stronger against the Greenback,selling at a low of
93 cents,high to a respectable low of $1.07 and buying at $1.09 to a ridiculously high $10
Gold was trading around 40 dollars AUD early in the month and pushed out to a high of 47 AUD. It has settled fairly steadily at around 45AUD.
Gold on the US market was buying 40 USD
Comments
Ummm yeah, that $10 trade was me. I was just pulling profits out of one of my companies without having to pay taxes. Actually, the USD wasn't even really profits... yet. It came from my American company buying Raw Materials from my Diamond Company. So don't pay any mind to those really high values. Those are just tax evasion schemes.