Silver & The Power Of The $ ?

@kg5

based on trends and price action, the aussie dollar will continue to weak and has no signs at all of wanting to reverse its downtrend, this week it was still making year lows.

The dollar remains in an uptrend as well and it doesn't appear to be stalling either.

Remember, all trends take time to reverse, whether they are up or down.

How low and how high each goes is up to the market but neither are showing changes to their trends even after several years here.

Thanks yup & trout!

Watching the price action is a very handy tool when working with anything.

The Aussie $ is reaching into the US$ 60c's.

I was doing a deal in the US and bailed out some months ago as price action showed the AU$ was on the nose. I am so glad I did as the increase in cost of the pre order is already at over 12% and still growing.

I keep looking and finding info about the global market place and so much of it looks so soft and ready to unravel.

So many things have changed. Last big fall in the early 90's in Aussie had interest rates from a bank at AU$19.75% and at present we are at 4.75% from a bank.

So my eyes are on inflation and employment globally.

So many things are pushing silver & many other things out of shape........

The over-building and skulduggery in the Chinese market is heavily influencing commodities and the Australian economy.

There are several 'entities' in the world that have over 50 million ounces stashed in reserve. As the price reaches their profit point unloading will begin, thus prices will slowly climb in the foreseeable future - after they hit bottom.

I buy silver to keep in case it (and gold) is one day the only exchange accepted other than barter.

Thank you Crescendo.
Interesting about the cost above spot
.
But on this forum I see offers at very small premiums above spot for the US buyers.

But other posting put US premiums way above the AU spot price.

Iron Ore and coal have been hit big time for AU market but it still does not add up to why Australia has one of the softest economies that are still in one piece.

Anything paper is going to burn it is just a number on a piece of paper that is very shortly going to turn into nothing.Be it shares, precious metals, bonds, bank account numbers and very possibly money that has no precious metals in it as well.

It has been a very short period of time that silver and gold have not been put into commonly used currencies. Soon if you have not got it in your hand and its all on paper you will loose everything.

I also have some very strong beliefs that we are very close to something that has never happened before.

I do not know how much info is going to the US and elsewhere around the world about the middle east, Africa, europe, China and the Americas. This is not a forum to open these issues up.

I will very briefly mention a few things. The people that have no country any more is reaching unmeasurable proportions. The isis issue, God only knows how that will shape up.Natural catastrophes happen and possible.The category 5 Hurricane that recently hit Tiwana, Southern Islands of Japan and China was a long wave south of the equator. Prophecies that have come to pass and are to come to pass.The Tetrad and the Jubilee Year are coming and coming to an end.Politicians and the masses are changing the very fabric of our social structure.

We are going to find out....

Silver........

Lots of countries are doing trade deals with China.

The power of the US$ has to take on an interest rate increase sooner than later.

Silver continues to follow the AU$ within reason.......

We are really in strange times that is for sure!