Given that Aus$ is very commodity driven $ and the US$ is potentially under alot of pressure long term - im understanding this to mean our Aus$ could appreciate strongly against the US$ if gold and silver prices were to increase. (along with iron ore , coal etc...)as world investors started chasing physical commodities and not paper commodities.
Would this then mean that an $Aus investment in silver bullion would not enjoy the returns of big silver price increase if the $Aus appreciated at the same time against the $US? When in past times an appreciating $aus has made it harder for our mineral exporters - why would this not be a similiar scenario if privately holding silver bullion??
