RFE series 2018-1 reds trust

Interested to hear other points of views to the following. Red...

  1. 2,889 Posts.
    Interested to hear other points of views to the following.

    Red fork energy is a USA operated business that incurs all costs in US dollars however it is based in WA Australia.

    Ok I am speculating that the USD will weaken substantially to the AUS dollar over the coming months and years.

    Can I suggest that AUS 1.20 to US 1.00 is not out of the question.

    I own RFE long term.

    Therefore it would be fare to say that as this stock improves in value for fundamental reasoning that the long term weakening of the US dollar will further add to the potential upside of this stock?

    Its no secret that the US have and continue to heavily dilute there own currency through there printing presses.

    Fiat currencies all head in one direction eventually.

    Nazzy




 
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