2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: TobagoJack who wrote (791)	9/27/2005 4:11:20 PM
From: Maurice Winn	Read Replies (2) of 217573

Skids under NZ$ as spending blowout exceeds income. Buy US$, which is under 'no brainer' sell orders around the world in favour of gold, housing, other currencies, anything. NZ$ below US68c, down a chunk from the high in the low 70s. Uncle Al KBE is warning everyone to expect increasing interest ratesand that some assets will decline in value. He didn't specifically mention housing but did mention that some mortgage types and situations will be bad for lenders and borrowers. The US$ is NOT going down the gurgler any time soon. The Quid is not ready. The Aztecs prancing around with naked bums and chanting incantations about their ancient relic won't bring back the past. <Sell NZ$. At US70c it is way higher than US50c or US40c where it used to be and where it belongs.> Rents in Auckland are tumbling, especially in the apartment market, but that's hooked on to all other markets at the fringe so the reverberations will continue downstream. Mqurice

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