Forum Archive Index - February 2004
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RE: [sharechat] USD how low can it go.
Allan, that's a good list for Kiwi/Aussie investors (esp if you include
buying physical), however, my question to the board is "what can the
country/RBNZ/govt [whoever] do about the Kiwi$ inflation vis a vis the USD
decline"?
I'm thinking nothing, nada, zip. Others may have deeper insights.
>From: "Allan Potts" <ajp7079@excite.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: [sharechat] USD how low can it go.
>Date: Mon, 16 Feb 2004 18:59:45 -0500 (EST)
>
>
>Baa Baa,
>
>Kiwi's and Aussie's could:
>
>1. Sell the dollar short.
>2. Buy gold and silver shares.
>3. Buy commodity based stocks or resourse mutual funds.
>4. Buy Sterling which has a way to go to catch up to the NZ/Au $s.
>5. Buy the Yen which is severly undervalued and should have a very good
>pop when the Japanese throw in the towel. (This providing the Japanese are
>not just printing up money to prop up the dollar)
>
>In short doing the same things anyone should do if this dollar slide is
>going to impact their portfolio, standard of living or well being.
>
>If others have more ideas, I'm always looking myself. I've pulled the
>rip cord, but the chute hasen't opened yet and the ground looks ominous.
>
>Allan
>
>
>
>
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