Big Dog's Boom Boom Room (Moderated) Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room (Moderated)

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To: XoFruitCake who wrote (65)	4/19/2005 5:17:23 PM
From: Taikun	of 89

I think some of the Asian currencies are a safer hedge against a RMB repeg. Aside from legal issues and the unpredictability of the RMB's move after depegging, the fact is several Asian nations are watching China and waiting to revalue their currencies. A few examples: 35% of Taiwan's trade goes to China the Singapore dollar is managed against a currency basket of Asian currencies, Singapore has one of the highest trade surpluses A couple of years ago when Yuan repegging speculation was in the market the Yen, Thai Baht, Indonesian Rupiah and Phillipine peso all moved. Pretty good analysis here: iie.com My cash and physical gold and silver is 65% right now, and 25% of cash is Singapore dollar, 25% Canadian dollar, 25% Norwegian Kroner and 25% Yen.

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