the aussie dollar..how high?

  1. 513 Posts.
    Good Morning,
    Looking at the turn around in the Aussie Dollar in the last year, where do we all see the value in the next few years?
    I'm hearing out of the US and Canada, that the US dollar needs correct around 30% to help the US budget return to sustainable levels. I feel we will see the Aussie Dollar back to the levels of the middle 1970's. You only have to look at what happened in the early 1970's,e.g.- increasing commoditiy prices, etc.

    The era of the US dollar being the world currency has come to an end. The news coming out of the latest G7 summit does support this. I do believe that we could see the Aussie over $1.00/$1.10 in the next few years! Any comments?

    Malfunction
 
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