AUD unknown

IMHO, public debt is going to kill the $USD. Quantitative easing...

  1. Serpeant
    329 Posts.
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    07/01/11
    18:00
    Post #: 7702842
    IMHO, public debt is going to kill the $USD. Quantitative easing is all about service debt that they can't otherwise service.

    The $USD will soon not be the world currency as places stop accepting the $USD.

    The price of gold/silver has skyrocketed because of the loss in confidence in the US and the $USD as a world currency.

    To conclude: massive devaluation of the $USD vs the $AUD and most other currencies.
    AUD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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