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hyperinflation and depression, page-2

  1. 1,418 Posts.
    Hey CK,

    Cheers for the post.

    But is anyone out there writing stuff directed at Australia?

    It may be wise to convert your US dollars into something else soon: But should we do the same with our Aussie dollars?

    I know that the recent rise in the AUD may be getting a little ahead of itself but it shows that just because the POG rises it don't mean that it does in aussie dollars. But I suppose that is less of a problem if you are invested in gold mining co's as these tend to follow the POG in USD (and a few other things).

    I would love if anyone has some articles directed more at Australia, or any ideas. Anyone??????

    We seem to just focus endlessly on the old US of A. I mean will it really matter in the mid term if the POG in USD rises to 3000 but in AUD it stays at 1200?
    In the long term??? Very uncertain, but if we assume that the USD will virtually die then what happens to the AUD and the POG in AUD? Indeed how will gold be priced?

    It seems pretty straight-forward for US investors, but most of us here are probably aussies.

    - pug
 
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