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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (21952)8/2/2002 2:07:43 AM
From: Maurice Winn  Read Replies (1) of 74559
 
Jay, tell her to send it to me. I get 1.6% for my ASB US$ deposit. I'm happy to pay her 1% and make do with only 0.6% as my fee. Or, she could cut out the middle man and go here to deposit it:

CBA Hong Kong
14th Floor, Two Exchange Square
8 Connaught Place
Central, Hong Kong
Phone: (852) 2844 7500
Fax: (852) 2845 9194
E-mail: cbahk@cba.com.au

They work in cahoots with asbbank.co.nz from where I got the CBA information.

With the extra US$5,000 per year she could buy flowers and a Big Mac every day.

Or, she could convert it to NZ$ and score big at about 5% interest by opening an OmniGold account at ASBBank [see the website for details - the account does NOT involve any actual gold]. She could get fat and happy at that interest rate. Then, when the US$ does your predicted continued slump, she could sell the NZ$ and buy back US$ for a US$100,000 profit. She could buy a LOT of Big Macs.

Mqurice
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