A $

SternAAlbifrons · Post by **SternAAlbifrons** » Sun Mar 29, 2020 5:23 am

Stinkman wrote: ↑Sun Mar 29, 2020 5:13 am
SternAAlbifrons wrote: ↑Sun Mar 29, 2020 4:04 am Oh please J57!
The world and every topic on CEO is not always related donald trump and the glories of the good ol USA

Was j57 the one to first bring up Trump in this thread?

No Stink, i believe that was another american, and that was half a year ago - the only other reference i can see.
That was not my point anyway.

Marty · Post by **Marty** » Sun Mar 29, 2020 6:13 am

Paper money will soon not matter. Start buying gold with that useless paper. Start small and slowly hoard as much as possible in your mattress. Gold is so high that the Swiss are selling it as bullion 60 milligrams at a time. It will go higher still.

Yerg · Post by **Yerg** » Sun Mar 29, 2020 6:24 am

SternAAlbifrons wrote: ↑Sun Mar 29, 2020 4:04 am Oh please J57!
The world and every topic on CEO is not always related donald trump and the glories of the good ol USA
You sound a bit paranoid about this sometimes - particularly with some of your foul-mouthed rants - despite your good sense on some things

Not the first, nor the last to be muddied!!!

Yerg · Post by **Yerg** » Sun Mar 29, 2020 7:02 am

https://www.helpguide.org/articles/ment ... sorder.htm

Post by **Clutch Cargo** » Sun Mar 29, 2020 12:32 pm

SternAAlbifrons wrote: ↑Sun Mar 29, 2020 4:23 am
dirtymacca wrote: ↑Sat Mar 28, 2020 8:34 pm The low dollar is great for exports and tourism, unfortunately tourism is stuffed and Oz has nothing left to export (only non renewable resources to Chinkland) as all the local manufacturing is all but finished.
Very true D&M
BUT - Australia has a ship-load (ho ho) of the basic building blocks of world power that China needs.
And they will be swinging back into action much quicker than the steadily sagging West. (imo)
I reckon the Oz dollar will rise when china gets back on its feet - quite quickly. (not this year tho')

NB, I hate this dynamic - AU$ dollar rises when China is powering. and visa versa
although it does mean there is always a silver lining

I hope Australia takes this experience as an opportunity to reconsider its dependence on China aka 38% of all its exports.

Post by **Clutch Cargo** » Sun Mar 29, 2020 12:35 pm

Marty wrote: ↑Sun Mar 29, 2020 6:13 am Paper money will soon not matter. Start buying gold with that useless paper. Start small and slowly hoard as much as possible in your mattress. Gold is so high that the Swiss are selling it as bullion 60 milligrams at a time. It will go higher still.

With all that money printing going on and ever increasing govt bond debts, that would seem not a bad strategy imo

Marty · Post by **Marty** » Sun Mar 29, 2020 12:37 pm

clutchcargo wrote: ↑Sun Mar 29, 2020 12:32 pm
SternAAlbifrons wrote: ↑Sun Mar 29, 2020 4:23 am
dirtymacca wrote: ↑Sat Mar 28, 2020 8:34 pm The low dollar is great for exports and tourism, unfortunately tourism is stuffed and Oz has nothing left to export (only non renewable resources to Chinkland) as all the local manufacturing is all but finished.
Very true D&M
BUT - Australia has a ship-load (ho ho) of the basic building blocks of world power that China needs.
And they will be swinging back into action much quicker than the steadily sagging West. (imo)
I reckon the Oz dollar will rise when china gets back on its feet - quite quickly. (not this year tho')

NB, I hate this dynamic - AU$ dollar rises when China is powering. and visa versa
although it does mean there is always a silver lining
I hope Australia takes this experience as an opportunity to reconsider its dependence on China aka 38% of all its exports.

Australia is a potential gold mine.

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