NCM 0.00% $23.35 newcrest mining limited

Sydneyguy,Don't underestimate the power of China and how...

  1. 12,639 Posts.
    Sydneyguy,

    Don't underestimate the power of China and how important it has been to Australia.

    Any major slowdown in China is going to devastate Australia.

    I personally hate to see Australia going down this path because my family is heavily invested into property which will also plummet in my opinion.

    The Aussie relative to the USD should also plummet which is going to be amazing for the Aussie gold price.
 
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