AUD downside risk is there should we get a major market correction, but over time, it is poised to rise at the expense of the greenback.
But this is where AUD Gold comes into the picture as a good hedge against a falling Aussie dollar while riding on Gold's great long term trajectory.
go to the historical chart
Gold Price in Australian Dollar (AUD) - Live Price and Historical Chart | GoldBroker.com
If you own US denominated equity funds, the short term performance could be good but you are not holding it for just a few months, and any major correction in equities is unlikely to be offset enough by a temporary fall in the value of the Aussie.
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