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

To: elmatador who wrote (20768)7/4/2002 11:31:17 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Elmat, <<people by their own will exchange their local currencies for USD>> ... I have made paper gains this year, to date, when translated to USD; I made enormous gains if translated to the Zimbabwe Dollar or the Argentine peso.

I have not recognizing the gains in terms of USD, and will not be doing so for a while.

I have started to buy paper gold, a currency belonging to a nation-state that is more a state of mind:0) and today, I started to buy Canadian Dollars, using my US Dollars, while staying still on my Euro, AUD, CHF positions.

I will be having dinner with my nephew's partner tonight, a physical and financial non-ferrous metal trader.

Chugs, Jay



To: elmatador who wrote (20768)7/5/2002 9:01:42 PM
From: 49thMIMOMander  Read Replies (2) | Respond to of 74559
 
Btw, counterfeits of the euros have been much less than excpected, mostly using Xerox copies
(well, actually the more productive and better forreign ones)

The CNBC-UK bitching about those "micro holes" has disappeared, maybe clogged by regular
bodily debris.

Ilmarinen


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