Silver at $50 AUD: What Australian Prices Could Be Telling the World

While many investors track gold and silver prices in U.S. dollars, those watching in Australian dollars have seen something remarkable: What’s driving these eye-catching numbers? A key factor is currency devaluation. Back in 2015, the Australian and U.S. dollars were nearly at parity. That same year, Mike identified what he called the bottom of a cyclical correction in the gold market — not a bear market, but a pause in a much larger bull run. Since then, the Australian dollar has lost around 50% of its value relative to the USD. As a result, gains in gold and silver prices […]