I'm a little surprised, croupier, at your suggestion. Given your general optimism on gold. Clearly what happens to the AUD will depend on what happens to the USD. I would have thought that most pundits are calling for a fall in the value of the USD which would tend to place upward pressure on other countries. Also if gold continues its current upward trend, the AUD should appreciate as there is quite a good long-term correlation between it and the AUD.
AnnaP
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