On buying low and selling high

[hankS]

What I mean is that most of the people where I am would feel very uneasy about having a pile of AUD, most have never even physically held an AUD note before, it would look like play money to them, just paper with pretty pictures on it and the colors are very unfamiliar, as is the little clear window in the note - I know because I do actually have a few AUD physical notes, but that's the only reason I know what they look like.

They're actually made of plastic not paper, so you can go swimming with them.

On a side note the price of precious metals in AUD is much more stable than USD as the exchange rates seem to fluctuate together.

 

[Bad Medicine]

What I mean is that most of the people where I am would feel very uneasy about having a pile of AUD, most have never even physically held an AUD note before, it would look like play money to them, just paper with pretty pictures on it and the colors are very unfamiliar, as is the little clear window in the note - I know because I do actually have a few AUD physical notes, but that's the only reason I know what they look like.

They're actually made of plastic not paper, so you can go swimming with them.

On a side note the price of precious metals in AUD is much more stable than USD as the exchange rates seem to fluctuate together.

There is certainly a belief among some in the U.S. that AUD is a kind of proxy for commodities, I don't know how close they follow each other because I haven't paid that much attention personally, but I've heard that before.