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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (38184)9/13/2003 12:14:36 PM
From: re3  Read Replies (1) of 74559
 
<<<Besides, my biggest positions are CAD and paper/physical gold, which are macro plays.

glad to see you are holding CAD, it needs your support -g-

holding cash in one's OWN currency never seems to feel like a good "move" or strategy...but a few weeks ago i looked at goldcorp...UP in american dollars for the year, and DOWN in canuck dollars for the year (at least it was a few weeks ago...) so, being north of the border, i was behind the 8-ball, because i sold canadian dollars to buy paper goldcorp, when i should have been selling paper goldcorp to buy MORE canadian dollars...

anyway, how far do you see the canuck dollar going, versus the american ?

:)
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