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.
OZL's debt is in US Dollars.The more the debt falls in relation...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)