Aussie investors went on a buying frenzy after the ‘trimmed ...

Aussie investors went on a buying frenzy after the ‘trimmed mean inflation’ (which is the RBA’s preferred measure) eased back from 4% to 3.9% in June. The market then decided the RBA won’t have to raise rates which is why our market roared higher….Everyone had plenty of green in their portfolios – ETPMAG added 3.37%, PMGOLD put on 2.34% and CHN rallied 8.5%
*Trimmed mean inflation removes some items that experience the highest price rises and also takes out others that come in at the low end. So it’s a way they can cook the numbers, especially if it means they are stripping out stuff you need to live off….Remember the government steals our savings and the purchasing power of our money via inflation so you can see why they happily manipulate it. $Chalice Mining Ltd (CHN.AU)$