All the banks are doing it……
ASX/300 BANKS INDEX
US REGIONAL BANKS
Different price structure – same outcome!
Gold / Silver ratio equals risk off…..
THE GOLD / SILVER RATIO JUMPS.
Major world indices performance from 2000 and 2009
The relative over-performance of the emerging markets (Shanghai, Mumbai SENSEX and Hang Seng) up to their 2007 peaks is evident, and the Bombay SENSEX still remains by far the top performer. The Shanghai, in contrast, formed a perfect Eiffel Tower from late 2006 to late 2009.
How does the ASX/200 compare? Since January 2000 the ASX/200 is up 50% to date.
A different starting point. From January 2009 the ASX/200 is up 67% as Australia suffers from the resource drag.
BHP’s share price the same today as it was in March 2009.
Text book technical analysis
Our analysis of the Aussie is going to plan. Once again, it is at a critical point and if 0.86 doesn’t hold 0.80 is the next stop.
