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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (28561)4/26/2005 4:20:03 PM
From: Tommaso  Read Replies (4) of 116555
 
If I didn't have such reservations about the $US I might be willing to worry more about the EURO. The only real EURO hedge that I have is a big wad of travelers checks, which I consider as advance payments for meals and hotels in Italy, Spain, Austria, and France.

I am quite bullish still on the Canadian dollar (against the $US). If you count shipments of gasoline as well as natural gas and crude oil, they are by far the biggest supplier of energy to the United States.

But I am not really enthusiastic about any fiat currency and that means everything including, alas, even the Swiss Franc.
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