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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (70751)	10/31/2007 12:17:35 PM
From: sea_biscuit	Respond to of 116555

Mish, I am NOT saying the pricing unit affects the price. I said that there are two variables - (a) fluctuations of the currency rate between the pricing unit and your currency, and (b) fluctuations in the price. They ARE independent of each other. It may not be easy to protect yourself from (b), but you can protect yourself from (a) - by building up your reserves in the pricing unit, instead of in some other currency.