USD $15 silver or lower is a real possibility, but it will drop to that price due to the strength of the US economy and US interest rates. In such a scenario, the AUD will be down the shitter, easily sub 70c or worse because it is guaranteed the Australian economy will not pick up anywhere near as fast as the US economy, if at all. In fact, given the destruction of vast swathes of manufacturing and technological potential for purely ideological and political reasons, and given the outsize influence a couple of declining incumbent industries have over Australian politics and national psyche, we have placed ourselves firmly on the road to economic stagnation at best, and decline in all probability. In summary, get rid of your AUD, it will be little better than toilet paper over the coming decades.
