Yes, you sure can get a lot of it for your dollars now. I realy shouldn't but those 5oz Scottsdale 'Buttons' from the other thread are looking tempting.
$9/oz USD will be oh.. $20 AUD.. maybe not quite... http://www.macrobusiness.com.au/2014/10/aussie-cracks-87-again-to-near-four-year-low/
Not a good moment to invest in Aussie properties then. By the way, does anybody know of discussion forums that focus on Aussi properties? I know that this isn't the right place to discuss this (being a silver stacker forum), so if anybody know, I would be grateful if you can send me a pm. Thanks!
You can post it in the Real Estate sub forum http://forums.silverstackers.com/forum-27-real-estate.html
Soon, real soon, I hope, oh well keep stacking all the way down, wont miss the bottom then. Slow and steady wins the race.
Why not? Aussie properties denominated in AUD are going to look like a bargain to overseas investors. Prices may adjust upwards.
Exactly. Wait for the A$ to drop further, and then buy. Same as with silver. Wait for it to drop to $10/oz, and then buy!
We've some of the most expensive real estate in the world. You've probably never heard of land value bubbles. A few points off the dollar is just the start of the value equation.