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Strategies & Market Trends : P&F Gatherings -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (2046)10/8/2001 1:38:10 PM
From: John Pitera  Read Replies (1) | Respond to of 2909
 
Here is the latest scam. What do you think of moving money to Canada, buying Government Bonds and letting them sit 5 or 10 years until raw Commodities come back and the loonie moves closer
to historical levels vis-a-vie the US Dollar?


It makes a lot of sense to me, I'm expecting this current period of price deflation and equity market weakness
to set the stage for a significant reinflating of the economy over the next few years. This should
weaken the USD and help commodity based economies such as canada and Australia. the currencies
and bonds of the countries should trade higher over the next 5 years.

I like it.

John