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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (38953)8/25/2010 7:58:13 PM
From: hoyasaxa  Read Replies (1) | Respond to of 78476
 
Sto's large cash account held in home currency, a welcome refuge from the dollar and euro.

Euro and dollar down, krona up. Its a play on (safe, friendly) oil, on a developed country without debt and a solid currency.

Capitalism is beginning to take root, too. I've seen it sprouting the past 8 years I've vistied each summer.

Its also a near term safe haven from Islamic terror as they are foolish appeasers shielded from Muslim shock until its the population becomes overun and a caliphate in 50 years or until its govt wakes up.