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  • Why You Should Hold Aussie / New Zealand Dollars and Gold [View article]
    I would not "LOAD THE BOAT" is what i was trying to say


    On Apr 24 02:03 PM maxe wrote:

    > Well i agree with your basic theory, but the kiwi $ is not realy
    > a commodity currency, yes us Aussies have a commodity currency but
    > NZ? They export dairy products, and they are in a deep economic crisis
    > ATM, the dairy industry is going backwards.
    >
    > You would definately be safer with the Aussie, but with our government
    > spending like there is no tommorrow i would not rule out us Aussies
    > ramping up the printing press a year or so down the track. I guess
    > we are left with gold as the haven of last resort!
    >
    > I predict the Aussie and Kiwi will gain whilst this bear market rally
    > reins supreme, but in 6 months or so i predict the Aussie to be 50
    > cents to the US $. So i would not "load the bo" so to speak.
    Apr 24 14:05 pm |Rating: +1 0 |Link to Comment
  • Why You Should Hold Aussie / New Zealand Dollars and Gold [View article]
    Well i agree with your basic theory, but the kiwi $ is not realy a commodity currency, yes us Aussies have a commodity currency but NZ? They export dairy products, and they are in a deep economic crisis ATM, the dairy industry is going backwards.

    You would definately be safer with the Aussie, but with our government spending like there is no tommorrow i would not rule out us Aussies ramping up the printing press a year or so down the track. I guess we are left with gold as the haven of last resort!

    I predict the Aussie and Kiwi will gain whilst this bear market rally reins supreme, but in 6 months or so i predict the Aussie to be 50 cents to the US $. So i would not "load the bo" so to speak.
    Apr 24 14:03 pm |Rating: +4 0 |Link to Comment
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