mike smith says au $ to hit $1.70 us by 2014, page-2

longfox, if the Australian dollar will increasingly be tied to our commodities, the Chinese will not free up the yuan and the USD becomes less relevant our dollar will appreciate, be traded in every corner of the globe and appreciate to levels that can destroy parts of our economy.

Our economy is toast unless our hapless political leaders can vigorously aid the domestic change that is being forced upon us.

Mr. Mike Pork Chop Smith is being a little vocal about the AUD don't you think? I'm starting to think that he's been anointed by the CEO's club to put a fire under Canberra for restructure.

The banks have a lot a stake. We all do.