There are reasons to believe the Aussie Dollar has entered a prolonged bullish trend. The period from the Jan 2016 low to present is analogous to the period from Mar 2001 through Jan 2003. An idealized drawing of this pattern – called a “Horn” by Schabacker – is shown within the box on the top chart. [See Schabacker, Study VII.]
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I believe there is a good chance that the precious metals will be an outstanding asset class in 2018 – Gold could outperform Bitcoin in the year ahead.
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There once was a fisherman from a small Mediterranean coastal village in Malta…
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