Is there a cap to the Aussie $ rise?

So does anyone want to shine some light on the Aussie Dollar rise situation? The Greenback value continues to be eroded due to money printing & in keeping with their strategy to increase their export position. Meanwhile old muggins Aussie $ is getting stronger and stronger because of our mineral wealth.

Global Investors continue to pile into Australia seen as a "safe bet".


So where does it all end? Everything is denominated in the Greenback against the Spot Price, the Greenback will continue to fall in value since Inflation in that country hasn't even bitten yet, so will the Aussie Dollar continue its upward curve consequently eroding our investment in precious metals? What are the conditions and impacts that will arrest the Aussie assent?

 

Best time to buying is when your dollar is strong I think. Makes it seem cheap to me.

 

Strong AUD is a momentary thing in the big picture. An opportunity for the wise to gain some wealth and not just buy from China, eBay and the home theatre sellers.

 

Yeah there is something fishy going on there, when the dollar was 99-98 us cents it was also converting at 96 us cents, they have it pegged some how.

Amazon it exactly the same...

I ended up paying the international currency fees on my creditcard instead just because I don't want to give paypal the money..

 

Yeah i was getting stung with that myself. I know we have direct deposit but that takes 2 days. We need a new payment gateway that isn't such a rip off.

 

try using forex

 

I did, but Oz Forex wanted a minimum $2000.00 amount per transaction. I was $250.00 short of that.