hyperinflation and depression, page-11

  1. 263 Posts.
    I live in NZ so don't know what is going to happen in OZ re economy. But I own shares on the ASX which are based in Oz.

    I think that its a red herring the discussion about gold and the US / AUD E/R.

    Yes Gold appears to presently have an inverse relationship to Gold but only because the USD is the default reserve currency.

    I believe that when the USD goes down the gurgler then gold and the USD will decouple.

    Gold will be valued for what it is MONEY. Gold will then be driven by pure global supply and demand.

    The only player will be the AUD E/R effecting the profitability of Oz companies re gold price.
 
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