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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

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To: pezz who wrote (6011)5/4/2006 2:44:07 AM
From: TobagoJack  Read Replies (1) of 217638
 
Hello Pezz, Followup Report:
Agonized over the anguished move Message 22415700 , and exchanged the HKD proceeds, less the expected club/school debenture costs, for a mix of AUD and Yen.

I like AUD because it fell more than the CAD last year, and rose less against the USD this year, so far.

I fear the Yen, but then it may go to 85 on a carry-trade punishing rampage.

I think the name of the game going forward is to make absolute capital/dividend gains in the strongest of currencies, and/or make absolute gains vis a vis gold/silver.

Making gains in mickey mouse currencies such as the Zimbabwe Dollar and the USD does not count for much now, and will count less going forward.

Chugs, J
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