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

To: Follies who wrote (76975)	7/27/2011 10:25:00 PM
From: Oblivious	Respond to of 218237

I think extremely low. Remember The Constituion. You can have an offshore account, if you report your taxes.

To: Follies who wrote (76975)	7/27/2011 11:43:44 PM
From: 2sigma	2 Recommendations Read Replies (2) \| Respond to of 218237

You must fully trust in the solvency of JP Morgan for as long as you hold your currency ETF. From the FXA prospectus "In the case of the insolvency of the Depository or JPMorgan Chase Bank, N.A., the U.S. bank of which the Depository is a branch, a liquidator may seek to freeze access to the Australian Dollars held in all accounts by the Depository, including the Deposit Accounts. The Trust and the Authorized Participants could incur expenses and delays in connection with asserting their claims. These problems would be exacerbated by the reality that the Deposit Accounts will not be held in the U.S. but instead will be held at the London branch of a U.S. national bank, where it will be subject to English insolvency law. Further, under U.S. law, in the case of the insolvency of JPMorgan Chase Bank, N.A., the claims of creditors in respect of accounts (such as the Trust’s Deposit Accounts) that are maintained with an overseas branch of JPMorgan Chase Bank, N.A. will be subordinate to claims of creditors in respect of accounts maintained with JPMorgan Chase Bank, N.A. in the U.S., greatly increasing the risk that the Trust and the Trust’s beneficiaries would suffer a loss." Haps.

To: Follies who wrote (76975)	3/9/2012 6:53:48 AM
From: elmatador	Read Replies (1) \| Respond to of 218237

AUD and impact of China's foot off gas pedal. “Developments in China are having an impact. Australia’s trade deficit was driven by China,” said Mr. Stannard. “The mixed data from China suggests its rebalancing (towards domestic consumption) is slowing down. Growth is relying on investment rather than expanding consumption. That could leave Europe exposed, if Germany’s exports start to be affected.” Read more: ctv.ca Australia's trade account dives to A$673mn deficit on China, gold and iron ore The latest trade numbers show that Australia's account unexpectedly slipped into the red in January as exports to China were hit by the Lunar holiday and gold shipments which took a steep dip. Message 28000263