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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Muthusamy SELVARAJU who wrote (6297)	5/12/2006 11:14:58 AM
From: RJA_	Read Replies (2) \| Respond to of 217822

>>I wonder what is your current view on the relative attraction of contra-USD currencies, i.e. CAD vs AUD vs EUR? The euro play (IMHO) would be for an alternate to USD for reserve currency status. Euro zone as a whole has had a positive trade balance... (However I am lacking current figures on this -- has anyone got a good current source for various countries/zones current trade balances?). Euro has much larger base then either CAD or AUD. CAD has nice trade balance because of energy and other exports. However, it is arguably too close to US. Problem with US economy will effect CAD land. However, CA is right next door, I can go look at it or hang out there pretty easily... Also I like energy exporting ability (Oil sands, etc) better than other raw material exports... As far as AUD, my latest news (none too fresh) was they had a current account deficit. So my two bets are CAD and EUR. Also, Canadian Oil Income Trusts (Decent dividend, and currency play)... Just my view, and I am open and interested in other ways of looking at things which could lead to other opportunities <grin!>. Best wishes! RJA

To: Muthusamy SELVARAJU who wrote (6297)	5/13/2006 4:30:12 AM
From: TobagoJack	Respond to of 217822

Muthusamy, <<I wonder what is your current view on the relative attraction of contra-USD currencies, i.e. CAD vs AUD vs EUR?>> I dunno. I suspect the best advice I can give myself is the one Indiana Jones gave to his companion at the moment when the arc was opened, "whatever happens, just do not look at the USD" even as it reaches for ever higher but false yield Because the temptation to trade will be enormous, and will end in tears for the many, given that the Force is strong ... worldmarket.blogspot.com Bewteen CAD, AUD, EUR, I favor Yen, but I also like all of CAD, AUD, and EUR. I say have a bit of each, for we are not smart enough to know whether Tokyo will be destroyed by earthquake before Europe splits apart; or whether AUD tanks due to China exploding before CAD gets dragged down by imploding USA. Chugs, J