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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (13644)	10/28/2008 12:19:53 PM
From: gregor_us	Read Replies (2) \| Respond to of 71406

I very much enjoyed our discussion about the JPY, and wrote up a blog post on the subject. gregor.us Wyatt, you have bought the AUD? You are indeed flexible b/c for some time you were negative on the AUD. :-) But the value now, at .6200 is nothing short of astonishing, for sure. I think Australia may eventually be seen as a stronger fortress than Switzerland. They have no "UBS's", and their banking system is rock solid. Yes, they had a housing bubble. Still, they are in major surplus in Canberra. When the USD turns, it will turn hard. CAD and AUD are gems. Best, G