Trump, Australian Prime Minister Sign Critical Minerals Agreement

Joining the absolute quality conversation! Was a good deal for Australia and the US. The deal was done and to think Rudd was not involved in getting it done is ridiculous.
Trump does deals with people that have said “mean” things about him in the past… VP JD Vance and Secretary of State Marco Rubio to name just two.
Rudd is working the corridors of power behind the scenes. It may surprise, but there’s a hell of a lot Republicans that agree with Trump publicly but disagree privately. What this says about those Republicans is up for debate, but when you have a President with the attention span and insecurities of Trump, you can still get deals done. It’s how you play. The art of the deal missed by the fine diplomats posting earlier in this thread.

So AUD Bullish?

Rolling coverage on the meeting Albonumpty finally got with Trump.

https://www.9news.com.au/world/antho...d-ea962f1ece51

> 'I don't like you either': Trump slams Rudd



Rudd is a complete tool. That's why this happened:

https://en.wikipedia.org/wiki/2010_A...adership_spill

Even his own party dropped him like a sack of dog pile. Not sure why he's still around or doing a reasonably important task of BATTING FOR HIS DAMN COUNTRY AND ITS PEOPLE.

Self indulged asshat. I mean politician.

> https://imageresizer.static9.net.au/...6-5ff25722f361

Checkout Albo. He looks like he's just taken a big one up the backside.

Trump looks like he just gave it.

And Vance is like, whoa dude. You just got plowed.






Nope. Stick with the USD for analysis. AUD will move based off the inherit USD strength or weakness.

#RUOK ? Ha! Good one.


Thanks for the links ,.,., mate !!

At least some on here still have value.

That's gold, mate ! lol

And no Wuckers.





Just to clarify for the (poor) AUD traders...

Pull yourself up a monthly AUDUSD chart. See that high back way at 1.10 or thereabouts?

That's when somewhat of a perfect storm happened - Buffet was even short AUD iirc. The mining boom leading up to that point was over. The USD had gained some traction. And Australia went down the clean energy path which stunted growth, to put nicely. And all but destroyed productivity. Again, put fairly nicely.

This rare earths deal is not enough to pay for the (highly taxpayer subsidized) windmills and solar farms (clean energy policy). That are all failing prematurely because they bought cheap chinese (ouch).

That means the AUD will continue to move, more-or-less, in step with the USD. USD strengthens, AUD goes down. USD weakens. AUD goes up.

The "only thing" that will change that is a miracle alternative to mining/resources that can sustain itself - Australia is a resources economy after all. Or a high energy solution - nuclear or coal, NOT gas. Gas is dirty, expensive and pointless. You may as well burn coal. That means, nuclear. If they want to play ball on the world stage.

The locals (https://www.facebook.com/JamieZhu/vi...3681950078356/) might be against that. Since many of them think that power comes from the plug hole in their wall. Food comes from the store and gas comes from the gas station.

It will change eventually. Always does. Until then. Follow the smart money. They are NOT VERY ACTIVE in the AUSSIE right now.

I would trade the CAD, EUR, GBP or JPY over the AUD.

Well now I know that you ARE an Aussie with a ref to The Chief.



Yeah it was infectious:






P.s. BUY GOLD !!! Hahahaha

https://thenightly.com.au/business/t...-us-c-20387733

He even thinks that he can fool Wall Street with his ponzi scheme. I guess the taxing of unrealized gains was a total fizzer.

https://www.smsfadviser.com/news/245...-capital-gains





Hustles alright.

Very easy to see coming when you DYR. Australia have the resources. But only windmill power to process them. Hence the "about a year" reference.