In the worldwide financial crisis scenario the AUS does indeed collapse. This is because its a "risk" currency only bullish when world economies are strong. Plus Australia like other western countries has its own debt servicing issues which pressure the currency
so gold atAUS$3000 is quite possible this year. It means that Kalgoorlie will become like Bendigo in the 1850's, there will be so many gold mines opening. even 0.3 GPT becomes economic.
Selling SLR now is nuts, unless you sell to buy another goldie
SLR Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held