Forum Archive Index - January 2003

[prhughes@value.net.nz]

        Snoopy

A good plan may be to open an A$ call account through Access 
Brokers, I think the minimum initial amount is $2000, no fees and 
about 3% interest payable.
That way you could take your time in finding a stock that suits.

US Dollar
For what it is worth this is a rough outline of what I have gleaned on 
the net. The US Fed  have gone on record as saying they will do 
whatever it costs to avoid or turn back deflation
Hence the fall in the US dollar, the printing machine has been 
busy. The US is a debtor nation and some of their overseas lenders 
have been withdrawing their funds.
Which means that other currencies have been rising , which is of 
great concern to the Asian nations, and may well result in other 
countries doing the same.
Result is that GOLD has become very popular.
If all the above is so, where it will end I don't know! I could 
speculate about it but prefer not to.

Regards

Bill

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