http://www.enziosclock.com/economic/update/2009/05/25 Comments for "Australia & America: What about the Australian Dollar & America's Economic Time?" en http://www.enziosclock.com/economic/update/2009/05/25 <div class="flexinode-body flexinode-9"><div class="flexinode-textarea-42"><div class="form-item"> <label>Teaser: </label> <p>Readers know of our thesis that <a href="/market/time/2006/05/10">superpower currencies are doomed</a>. The costs of defending the Empire rise, so more debt and thus dollar currency is issued. And with the supply of debt rising, down goes its price. </p><p>For this reason we have recommended <a href="/advice/tracker/2009/05/24">a &quot;short&quot; ETF on the US Treasury bonds since 22nd December 2008 </a>- and have reaped our subscribers a return of 47%!</p><p>Over the past year, the A$ has lost nearly 20%, but since 24th October 2008, it has gained by 26%. Last Friday, it stood at US$78.69/A$. </p><p>So:<em> quo vadis</em>, Aussie?<br /></p><p>&nbsp;</p> </div> </div><div class="flexinode-textarea-43"><div class="form-item"> <label>Topics Covered: </label> <ol><li><strong>Currency convulsions</strong><br /></li><li><strong>How to make money off this idea</strong><br /></li></ol><br /> </div> </div></div><p><a href="http://www.enziosclock.com/economic/update/2009/05/25">read more</a></p> http://www.enziosclock.com/economic/update/2009/05/25#comment Mon, 25 May 2009 12:10:27 +0800 Enzio 1080 at http://www.enziosclock.com