never stops to surprise... the aud was following the yen, now it follows the koalas? the australian people have the most developed cash ecomomy in the world, which is understandable, because the taxes are high, and the ones who pay them are the old people and the suckers who have a low paid job! so i guess one never knows what will happen next.all of you hoping to see a boost in nav by the olympics time, might be in for a surprise.
The recent talk has been about a weakening US $. I thought this would be good for the Aussie $ - - but it went down faster then the US $. It was between .67 and .68 but is now .6381 to the US$ Bob Witt
The NAV has been decling ever since I bought it. I've been watching the AUD vs. the USD and worrying about it. I see that ECF has a 19% discount but no real decline in the price to warrant a buy based on your 1255 post. What to do? Any thoughts anyone?