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1,439 Posts.
145
16/12/08
23:06
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OZL's debt is in US Dollars.
The more the debt falls in relation the Aussie $ the better as it means OZL has to pay less debt.
The chart is an index of currencies not specigically the Aussie $ but the fact that it is falling is good.
I suspect it is going to fall a lot further in coming years.
The vultures know this and want the prized assets as when it does fall commodities/gold will sky rocket as they are also priced in US dollars.
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