gold price may avalanche, page-228

Timber 1956, you are right in your analysis, But, there is a difference of characteristics between Aus $ and Gold, Gold has a history of many Hundred years as a storage of value but A $ has 100 year history, Secondly, Gold does not depend on China but Aus $ heavily depends on china economy, if china stop buying minerals from Aus then it would be very catastrophic for Aus $. Suppose if it goes back to 60c in term of usa $ then Gold would significantly up in Australian dollar Value. As you know, if there is any problem occurs then big investor of Australian $ would run as there is no tomorrow. You can evidence this in Sock Market now a day. At the end, ordinary people suffer with no timely information and they wait for years to recover their losses. Endless greed has destroyed the value of every thing from real-estate to shares.