SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (262061)9/27/2003 1:43:34 PM
From: Joan Osland Graffius  Read Replies (2) | Respond to of 436258
 
Jay,

Thanks for your thoughts on the US dollar and tariff issues. Your discussion makes sense to me. What country currencies do you think would be a good place to park capital?

Here in the US and living in Minnesota I have problems buying foreign debt. A fair number of countries do not submit the paper work to get approved for citizens to purchase who live in the state of Minnesota therefore I can not directly buy most sovereign debt. One currency I can easily buy is Canadian sovereign debt.

I have started buying shorter term Canadian debt (1 year and less).

It is interesting that I can buy foreign corporate debt that has junk ratings but I can not buy AAA rated foreign sovereign debt. The US has been arrogant with allowing individual to invest in global sovereign debt. One of these days this will change, we just do not know when.