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.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (8453)	9/21/2001 3:06:05 PM
From: Edmond Katonica	Read Replies (1) \| Respond to of 23153

Tommaso In my opinion the problem with the Aussie dollar is its balance of trade . They import too much. At times the Government puts in very restrictive rules on imports. The Aussie likes to live well. With a slow down in Asia exports have declined. Just one mans view!!

To: Tommaso who wrote (8453)	9/21/2001 4:00:35 PM
From: MoneyPenny	Read Replies (1) \| Respond to of 23153

FAX used to be called First Australia Prime Income but is now called Aberdeen Asia-Pacific Prime (changed focus earlier this year) Now there is the opportunity for the fund to go into Asian bonds. I have held it but for yield and diversification (diworsification?) It is also a Closed End Fund so it can sell at premium or discount to its underlying assets. It often pays the dividend as a return of capital. There was some thought that the dividend might be cut. I still have some but would be concerned to buy here. I like your thought about the Aussie dollar however. I originally bought thinking it was way undervalued. I bought CEF today so as to have some physical gold and silver in my portfolio. Also holding FSAGX and a impossibly tiny co. CALVF (canadian penny) Back to my lurking mode. Sharon