SILVER 0.30% $15.25 silver futures

This is just my veiw.If the defationists are correct and silver...

  1. 333 Posts.
    This is just my veiw.

    If the defationists are correct and silver drops to $20US what do you think the AUS dollar price will be?

    Silver at $25 US /AUS $ at .95c US= 26.31 $AUS
    Silver at $22 US /AUS $ at .85c US= 25.88 $AUS
    Silver at $20 US /AUS $ at .75c US= 26.60 $AUS

    As we have seen in the past when commodities go down against the USD so does the AUS dollar so I will just keep buying phisical every month as always.
    In a side note what do you think the US fed will do if deflation kicks in just print faster!!!!

    Here is some chart to back my theory as you can see over the past 2 years the aus dollars value has removed the voilent moves in silver and just moved on up.



 
watchlist Created with Sketch. Add SILVER (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.