*The Aussie dollar is on shaky ground, and it’s time to talk about what this really means for investors, businesses, and everyday Aussies. Have you noticed higher costs when travelling or importing goods? Are you adjusting your investment strategy based on the Australian economic outlook? Let us know in the comments if this is a red flag or a golden opportunity. Let’s hear your thoughts!* 📉💸👇👇👇
American dollar backing is definitely not in Australia's best interests we should have a resources backed dollar as this country is rich in natural resources like gold iron ore
Good point! To an extent, our currency is commodity driven ie if commodity prices are higher our economy benefits, strengthening our currency. However, it’s not hard backed. As a country, a more vigorous upgrade to our economic policies is long overdue. Thanks for the comment, and please let us know if there are other topics you’d like to see us cover!
Thanks for the comment and an interesting point. Vast increases in money supply effectively means higher asset prices, which looks great on paper however as you say in reality is quite different! Hope you enjoyed the show - let us know if you have any topics you’d like to see us cover
We most certainly do have lots of natural gas. Sadly due to a variety if “energy deals” we export the vast majority of it and then buy it back. If that doesn’t make sense to you, you aren’t alone!!! There was some discussion a few months ago that our Government make more money from HECS debt than Natural Gas. Appreciate the comment and hope you enjoy the show!
Albo is an idiot, he stopped drilling and planning to import Gas in to NSW. It's destruction on high level for Australia with his and Bowen's climate net zero insanity 😡
Indeed. Given gold is priced in USD it is a good hedge for Australians who want to park cash outside of AUD and further, in an asset that offers an inflation hedge too. Appreciate the comment and hope you enjoyed the show. Let us know if you have any further topics you’d like us to cover
Can you elaborate? I'm only an aspiring non-poor person, so I have no idea what that means. I've noticed that it is the only one of my ASX stocks (GOLD) that seems to be making any substantive gains that don't just regress the following week/month. My logic on investing in it was that even though it is an ETF, the investment is still in a finite commodity which is basically the same thing that makes BitCoin so valuable. My question is; are my financial gains in my portfolio simply a reflection of inflation and not actually any substantive growth? Before you answer, just let me brace for having my soul crushed.
Very good point. Increased money supply pumps up asset prices but if they are priced in local currency same/same. Gold is effectively a USD hedge so makes sense
As we lower rates our dollar becomes worse correct? If this is rhe case then peiple from overseas want to die in and buy up property and move correct? This is the same problem
Interest rate cuts will be expected to weaken the AUD - correct and yes it makes foreign investing into Australia much more attractive. Not something that will help with the property market issues right now - more likely to make things worse.
Australia is one of the top gold producers in the world. The treasury holds very little gold reserves at a time when there is risk in the markets and geopolitical instability. Its just insane that there is no future foresight in Canberra.
Sooner or later gravity takes effect as it has now on the little Aussie battler. Whilst the left has done a great job in influencing the minds of the young in our schools and universities given they largely subscribe to this renewable energies epidemic and vote Labor or Green it has collapsed manufacturing industries due to ever increasing green energy costs. Everyone would like less pollution but, a little word with a huge meaning, no one can literally afford to manufacture here because if energy prices aren’t enough to put you off there’s always the unions. Perhaps we have to end up like Argentina was before Milei took control before we appreciate just how good life was under a common sense government around fifty years ago.
Will be interesting to see how long it takes for our political landscape and policies to fall into line with the new direction being set in the US. As my father always says, “common sense really isn’t that common!” Thanks for the comment and let us know if you have any further topics you’d like us to speak about.
Aust Banks funding from international funds is exposed to currency risk. Why banks are not tapping on the $3.6tril of Super funds? No currency risk, stable funding.
Interesting point. More broadly, perhaps the opening up to buy your primary place of residence with your super would also assist. Great tax collect for the government at 15% vs zero on your home currently and would help with affordability for most people Thanks for the comment and glad you enjoy the show.
Technically a weaker AUD should be good for our exporters as our products become relatively cheaper. However, given our terms of trade, as a net importer, we are likely to be on the wrong side of this one. Thanks for the comment and hope you enjoy the show. Let us know if you’d like us to cover any other topics!
*The Aussie dollar is on shaky ground, and it’s time to talk about what this really means for investors, businesses, and everyday Aussies. Have you noticed higher costs when travelling or importing goods? Are you adjusting your investment strategy based on the Australian economic outlook? Let us know in the comments if this is a red flag or a golden opportunity. Let’s hear your thoughts!* 📉💸👇👇👇
Ozzy $ is 🇦🇺
Don’t ever give up on Ozzy $🙏
Digital Currency is 🐍
American dollar backing is definitely not in Australia's best interests we should have a resources backed dollar as this country is rich in natural resources like gold iron ore
Good point! To an extent, our currency is commodity driven ie if commodity prices are higher our economy benefits, strengthening our currency. However, it’s not hard backed. As a country, a more vigorous upgrade to our economic policies is long overdue. Thanks for the comment, and please let us know if there are other topics you’d like to see us cover!
Been saying it for years . If everyones house is worth 1 million dollars it will make the dollar worthless. We have so much land.
Thanks for the comment and an interesting point. Vast increases in money supply effectively means higher asset prices, which looks great on paper however as you say in reality is quite different! Hope you enjoyed the show - let us know if you have any topics you’d like to see us cover
Stay tuned for our property versus shares episode to come!
Doesn't Australia have Natural Gas deposits they have not drilled?
We virtually give it away
We most certainly do have lots of natural gas. Sadly due to a variety if “energy deals” we export the vast majority of it and then buy it back. If that doesn’t make sense to you, you aren’t alone!!! There was some discussion a few months ago that our Government make more money from HECS debt than Natural Gas. Appreciate the comment and hope you enjoy the show!
Albo is an idiot, he stopped drilling and planning to import Gas in to NSW. It's destruction on high level for Australia with his and Bowen's climate net zero insanity 😡
No mention of gold as a hedge for the USD?
Indeed. Given gold is priced in USD it is a good hedge for Australians who want to park cash outside of AUD and further, in an asset that offers an inflation hedge too. Appreciate the comment and hope you enjoyed the show. Let us know if you have any further topics you’d like us to cover
Gold is priced in USD, effectively meaning a long Gold position is a long USD position. This can be tough to navigate during times of inflation.
Look at the gold price to tell you everything that you need to know about the debasement of the currency
Can you elaborate? I'm only an aspiring non-poor person, so I have no idea what that means. I've noticed that it is the only one of my ASX stocks (GOLD) that seems to be making any substantive gains that don't just regress the following week/month. My logic on investing in it was that even though it is an ETF, the investment is still in a finite commodity which is basically the same thing that makes BitCoin so valuable. My question is; are my financial gains in my portfolio simply a reflection of inflation and not actually any substantive growth? Before you answer, just let me brace for having my soul crushed.
Very good point. Increased money supply pumps up asset prices but if they are priced in local currency same/same. Gold is effectively a USD hedge so makes sense
As we lower rates our dollar becomes worse correct? If this is rhe case then peiple from overseas want to die in and buy up property and move correct? This is the same problem
Interest rate cuts will be expected to weaken the AUD - correct and yes it makes foreign investing into Australia much more attractive. Not something that will help with the property market issues right now - more likely to make things worse.
Poor economic management by the ruling government over the years😂
Very true
Thank you,, great insights.. looking forward to learning more from your book
Awesome, thank you!
It is sad to hear that Aussi banks has to borrow from US to lend here. This happened in Ireland too.
Australia is one of the top gold producers in the world. The treasury holds very little gold reserves at a time when there is risk in the markets and geopolitical instability. Its just insane that there is no future foresight in Canberra.
Sooner or later gravity takes effect as it has now on the little Aussie battler. Whilst the left has done a great job in influencing the minds of the young in our schools and universities given they largely subscribe to this renewable energies epidemic and vote Labor or Green it has collapsed manufacturing industries due to ever increasing green energy costs. Everyone would like less pollution but, a little word with a huge meaning, no one can literally afford to manufacture here because if energy prices aren’t enough to put you off there’s always the unions. Perhaps we have to end up like Argentina was before Milei took control before we appreciate just how good life was under a common sense government around fifty years ago.
Will be interesting to see how long it takes for our political landscape and policies to fall into line with the new direction being set in the US. As my father always says, “common sense really isn’t that common!” Thanks for the comment and let us know if you have any further topics you’d like us to speak about.
Aust Banks funding from international funds is exposed to currency risk. Why banks are not tapping on the $3.6tril of Super funds? No currency risk, stable funding.
International lobbyists have already convinced those in Canberra to allow them to tap into it
Interesting point. More broadly, perhaps the opening up to buy your primary place of residence with your super would also assist. Great tax collect for the government at 15% vs zero on your home currently and would help with affordability for most people
Thanks for the comment and glad you enjoy the show.
Save the Ponzi Real Estate or the currency, you cannot have both.
US funds the Aussi Bank.
China funds the Aussi Mining Sector.
Are we self sufficient 😮
Maybe not as much as we think! The long-term impact will be one to watch.
Only really helps miners re labour costs. Fuel would follow usd up
Indeed rising fuel costs pretty punishing for miners. Appreciate the comment and let us know if you’d like any topics covered.
Will Australia get hammered by Trump's tariffs?
Yes
Perhaps we should ask our US ambassador about that? I’m sure he’d have something to say! Appreciate the comment and hope you enjoy the show
That's a good question, I don't think he has mentioned Australia yet.
Ideally not. Most of our trade is done directly with China versus through the US. Arguably it is the US consumer who will feel the effect.
Only good for business exports not good for the average person
Do you have BHP or RIO shares?
Need to choose your Allies carefuly
We sold out to China. Now we are seeing the real cost.
Aussie going to 48 cents. Good times
Green energy is the problem ,
Less exports and everything else.
Technically a weaker AUD should be good for our exporters as our products become relatively cheaper. However, given our terms of trade, as a net importer, we are likely to be on the wrong side of this one. Thanks for the comment and hope you enjoy the show. Let us know if you’d like us to cover any other topics!
Wonder how soon Aussie will hit 60 US cents?
Not looking good at the moment - the USD continues to roar.
If Trump put some Tarriff to Australia, then how to bring more money back
Me thinketh making America Great Again., At the expense of......the Rest of the World!@!?🤪😉🤑