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The Science of Getting Rich: CHAPTER VII [excerpt] by Wallace D. Wattles #Gratitude

--- Gratitude THE ILLUSTRATIONS GIVEN IN THE LAST CHAPTER will have conveyed to the reader the fact that the first step toward getting ...

Thursday, January 9, 2014



I'm not sure what to make of this chart (10 year weekly).

I know I always considered $FXA [$AUDUSD] to be pretty much a "risk on" currency pair

We can see on the chart below that it trended up with the $SPX during 2006 / 2007, before the crash. And we can see that during the crash (2008, 2009) that it dropped precipitously with the $SPX. And we can see that as the $SPX soared through the middle of 2011 (thanks to central bank intervention) $FXA was a leading indicator to the upside.

So.. what's up with the odd looking crossover in early 2013 and subsequent divergent movement?

click for larger image

Not like I know.. I'm asking some of you smart people ;)


Let me know what you think on twitter @Ancient_Warrior

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