Argentine stocks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Argentine stocks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: X Y Zebra who wrote (277)	5/13/1999 12:28:00 AM
From: Tom	of 331

Juan, I like that. Way overdue. By the way, remember when you once mentioned something about the return of empire? Appears Spain and Portugal are going to do very well. I had to wait until just recently to be certain of it. Wasn't sure they didn't overextend themselves in S.A. I happened to think just recently, for some reason, that the first currencies I recall being forced into devaluing were the escudo and the peseta. (Soros' group was heavily into the escudo.) Matter of fact, the Portugese put up a fight, saying there was no need for them to devalue. That just because the peseta was going down didn't mean the escudo must follow. Besides, the Spanish economy was then in much poorer condition. No deal. The global investment/banking community was having none of it. And I remember it plainly, "Either you devalue, or we will devalue it for you." Things have come along well since then. Share prices are way too steep for me, but I'm going to have to pay more attention to both Spain and Portugal. -----

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next