Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (9920)	9/20/2001 10:29:12 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 74559

Aussie and maybe Canuck dollars are proxy gold I have similar thinking and hence one of my hedges is FAX. One caveat: If all large countries with currencies of import reduce interest rates in unison as just happened then those other currencies are less of a hedge methinks. Again I'm not a goldbug but it may be the hedge of last resort by default. ie. My Canadian dollar is going the wrong way LOL. If I was that sure of gold though I'd be into margin instead of approx 50% cash and the rest mostly defensive. I had been looking at adding a lot of Energy Royalty trusts (for the steady income) but even that is 'all bets are off' right now as better bargains appear to be on the horizon in that area. All you can do is keep your eyes open and try to be proactive. regards Kastel a cute and cuddly and cautious Canadian