hypothetical crash, page-10

"...hypothetically if there was a crash in the USD does it affect australian gold miners. would it benefit us or not?"

OK that's a very different question than - can they change their profit currency (A$) or sell gold in another currency (presumably Yuan?).

My belief is that there would be a net benefit to Ausi miners, but maybe neutral or for some reason maybe negative. But probably depends on speed of decent? By using the word crash are you implying over a week? Or a slow bleed down over 1-2 years? So it is a definite maybe and depends on many hypothetical factors.

I am wary of crash predictors - have heard it all before from the likes of @Kina125125 ref his posts below he sold in Dec-14 at $1.40 due to his fear of a crash and then again in Mar-15 after having to buy back in substantially higher. Just emotionally charged fears with no backup other than his own theories. As a consequence he missed out on 500% profit chasing 10-20% here and there. And he inevitably got caught on the wrong side of the swing trying to be too clever with timing. Last seen fearing a head and shoulders pattern and missed another boat.

Best just to follow trends and not get anxiety trying to guess hypothetical events that haven't happened. Just cut losses and let profits run.

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