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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 398.26+0.5%Jan 2 4:00 PM EST

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From: jimsioi11/13/2007 4:47:43 PM
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Anybody involved with the Australian Dollar Trust (FXA)?

As a substitute for cash I've bought some FXA which is Australian dollars....appears to pay about 6% annually currently.. In at 88 yesterday...Appears to have turned down in the short term based on yesterday's bashing like everything else formerly strong...but I'd buy more down around 84, the 200 day moving average...
stockcharts.com

there are similar "trusts" for the Swiss Franc (FXS) and the Euro (FWE)...The Australia currency has been one of the strongest this last year, though it has lagged gold's performance due to the latter's strong performance post the August lows...
Distribution info
biz.yahoo.com

"The sponsor of the CurrencyShares Trusts is Rydex Specialized Products LLC, d/b/a Rydex Investments. .. The Bank of New York (NYSE:BK - News) is the trustee of the Trust and JPMorgan Worldwide Securities Services (NYSE:JPM - News) acting through JPMorgan Chase Bank, N.A., London Branch is the depository for each trust."

One year comparison chart.
finance.yahoo.com
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