iron ore crashing?, page-21

unlikely we even go below 82c. we ont go back to 50c

a) eurozone removed about 60 currencies money market used to trade so now AUD is a core currency in a diversified currency portfolio - and AUD is backed be an economy that, while weak - is immeasurably lower risk than europe

b) asian thematic means AUD will stay propped up even when AU GDP is slow and low

long term the china/india population nexus will continue to inflate confidence around Australian dollar


all the pundits prognosticating on historical relativities arent taking these 2 things into account