Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
According to latest report from Australian Bureau of Statistics (ABS), Australia's terms of trade (TOT) suffered a massive blow in fourth quarter of 2015.
As per ABS data, export price index dropped -5.4% for the quarter, while import price dropped only by -0.3%. Moreover, looking at annually, import prices have actually moved up by 2.4%, while export prices dropped by -10.3%.
Biggest drops in export price index, annually, were contributed by Mineral fuels (-17.6%), Crude materials excluding fuels (-16.3%), and manufactured goods (-14.9%).
Australia, being an export oriented economy, can hardly do well, in terms of exchange rate, if the Terms of Trade continuously deteriorates and China's weakness in 2016 suggest, dark days hardly over for Australian Dollar.
Adding ABS data into chart shows, Australian export price index is now just shy of lowest point reached during 2008/09 crisis, while import prices remain elevated.
Australia's TOT has now deteriorated well past the lows of 2008/09 crisis and now stands at lowest level since December 2005.
Australian Dollar, posing some recent strength and trading at 0.707 against Dollar. Expect rallies to counter sellers. Key resistance 0.74.
