AUD downside risk is there should we get a major market correction, but over time, it is poised to rise at the expense of the greenback.
But this is where AUD Gold comes into the picture as a good hedge against a falling Aussie dollar while riding on Gold's great long term trajectory.
If you own US denominated equity funds, the short term performance could be good but you are not holding it for just a few months, and any major correction in equities is unlikely to be offset enough by a temporary fall in the value of the Aussie.
