Would not count on the past as being a good guide this time LesPaul.
This time most other countries are in a worse state and with the printing presses winding up will only deteriorate further in my view.
Compared to them our debt ratio is not too bad. The Aussie will hold and when it turns very nasty overseas the Aussie dollar may continue to climb. And forget interest rates, in some Countries the cash rate is .55 to zero. Another reason for them holding the Aussie
Though many sectors are bad now here in Aus, we still have the ability produce all of our own food, and that is going to count in a big way going forward.
Productive land and physical bullion in the for me.
