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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Chispas who wrote (6838)2/3/2004 2:12:12 PM
From: Chispas  Read Replies (1) | Respond to of 110194
 
I've never seen it discussed how easy it is....

To convert depreciating US dollars to appreciating foreign
currencies....

All it takes is a brokerage with a foreign trading desk...

Then you buy shares in places like Australia, New Zeland,
Canada, London, or wherever....

The US dollar is moved and "converted"....

I've bought shares even in Singapore....

Then, all you have to do is watch the stock price move up
or down in the country where it is denominated PLUS any gains or losses on currency translation...

Simple.....