Dopey, I have it on my radar and I think you would probably have to link this trade with a long shot on gold.
A GS recommendation is a problem in itself.
In my limited scope with forex trading I can't see a large AUD drop until mid '13 as infrastructure spending dries up.
That would leave the USD to tank and with QE3 and possibly QE4 coming the USD must drop IMHO. Short term there's that fiscal cliff that should knock the USD down a peg or two.
This pressure on the USD can only, again IMHO, put upward pressure on the EUR in the short term and out currency debasement sometime next year.
