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A real possibility. Would put the GSR back at 1:47. Au has the support of the Central Bank buy-backs - Ag has had a huge speculative run - I back $AUD35 before it steadies. Gold is the ultimate long term and hedge play. Silver is too speculative to risk enough fiat to make it worth while...

This is a real problem for all Au investors - if AUD does hold in the face of a fiat collapse then our Au gains will be muted. I still believe that the small size of our market in Global terms, together with our relatively high interest rate regime (prone to fall in recession) will see our...

I've been stacking Au for some time now and have seen the spot in AUD flatline for last twelve months as AUD has appreciated against USD. In the event of another major economic scism, I expect the same old thing to happen - demand for resources dries up - AUD is seen as volatile and speculative...

Good one nugget+1

Hi Peter - thats what I wanted to hear - clear and simple. It makes the AU position a logical hedge against any equity positions and effectively the inflation of AUD at present makes AU buying quite cheap at present. Care to hazard a timeline for the next economic convulsion?

If AU is likley to be stable for some time and we don't see any immenent decline in AUD/USD - would we be not better to hold our stacks in UBank getting 6% plus with a Commonwealth Government AAA rating behind it, until such time as we see USD improving against AUD - say when Fed inceases...

Do we need to wait for a big fall in AUD against $US to see any real capital growth in Gold in Australian Dollar terms? Silver is looking like a much bigger winner at present - it has made real headway in AUD over the past three months whilst Gold has near tracked sideways.

When I've read Mike's books I've been impressed.....and I can hardly hold it against him for making a dollar as he spreads the news. Just my natural suspicion of all this American. Great to know someone had met him personally. SS should invite him to run some Oz seminars.

Does anyone else out there have any reservations about Mike's altruistic motivations in leading us to the PM nirvana? I wonder how much dough he makes flogging PM at spot++. I wouldn't like to be waiting for an email from him to pick the top! As a cranky bald headed accountant I never trust a...

New Tread posting

Does anyone else out there have any reservations about Mike's altruistic motivations in leading us to the PM nirvana? I wonder how much dough he makes flogging PM at spot++. I wouldn't like to be waiting for an email from him to pick the top! As a cranky bald headed accountant I never trust a...

Anyone used the Reserve Vault in Brisbane to hold PM's?

I'll turn my Gold into real estate and businesses at the right time - you can't take it with you and cash flow buy's lifestyle.

I get the sense that most people still think a balanced portfolio of assets is the way to go. Probably no more than 30% in PM's. I believe this is sound for present and future conditions in Oz. Got to be careful that we don't get over influenced by all the US websites and newsletters. if I was a...

I'm with you Goldrush - businesses run well will generate 30% plus in good and bad times - just a matter of making sure that expenses are variable and preferably outsourced. Commercial real estate provides immediate and strong cashflow and Gold ties the whole thing together and wards off...

Curse you Aussie dollar! Fall, Fall, Fall and let Gold get a wriggle on.

I've been reading posts with interest now for a couple of months and the tips, and generosity in sharing information is a stand out on this forum. I would love to get a handle on the average fiat value of stacks accumulated by contributers. Or more to the point, what portion of total assets...

I am a naturally conservative person - the silver story with it's huge recent growth makes me nervous - lot of hot money in it and if we get a spook I worry that hot money will run back to Gold, or worse still to fiat. On this basis my stack is targeting 70% Gold 30% silver - if I'm wrong I'm...

I'm with you Dwayne - just had a briefing with Westpac who are calling 0.90c by June 2012 and they are not alone in this call. US may raise interest rates slightly by end of year and if that interest rate differential narrows our honeymoon against US may be over - I figure this will be worth at...

Surely with all this action in Silver (some call it poor man's Gold!), the contrarian in all of us is thinking Gold will have it's day soon. Buy on the dips!