Forum Archive Index - February 2004
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RE: [sharechat] USD how low can it go.
Gotcha,--------------------
I think the only thing the government can do is make a big push to sell more to
Asia and Europe, where the currencies are also strong.---------------------
On a personal level I should add to my list, take a trip to the US. Some
friends of our's are coming to visit us from Auckland in May this year. The
trip is considerably less costly than it was 1 1/2 years ago. Enjoy it while
you can. Our trips to NZ, Oz and europe are now much more
expensive.-------------Allan
--- On Mon 02/16, Baa Baa < baa_baa@hotmail.com > wrote:
From: Baa Baa [mailto: baa_baa@hotmail.com]
To: sharechat@sharechat.co.nz
Date: Tue, 17 Feb 2004 00:25:46 +0000
Subject: RE: [sharechat] USD how low can it go.
Allan, that's a good list for Kiwi/Aussie investors (esp if you include
<br>buying physical), however, my question to the board is "what can the
<br>country/RBNZ/govt [whoever] do about the Kiwi$ inflation vis a vis the USD
<br>decline"?<br><br>I'm thinking nothing, nada, zip. Others may have deeper
insights.<br><br><br><br><br>>From: "Allan Potts"
<ajp7079@excite.com><br>>Reply-To: sharechat@sharechat.co.nz<br>>To:
sharechat@sharechat.co.nz<br>>Subject: [sharechat] USD how low can it
go.<br>>Date: Mon, 16 Feb 2004 18:59:45 -0500 (EST)<br>><br>><br>>Baa
Baa,<br>><br>>Kiwi's and Aussie's could:<br>><br>>1. Sell the dollar
short.<br>>2. Buy gold and silver shares.<br>>3. Buy commodity based stocks
or resourse mutual funds.<br>>4. Buy Sterling which has a way to go to catch
up to the NZ/Au $s.<br>>5. Buy the Yen which is severly undervalued and should
have a very good <br>>pop when the Japanese throw in the towel. (This
providing the Japanese are <br>>not just printing up money to prop up the
dollar)<br>><br>>In short doing the same things anyone should do if this dollar
slide is <br>>going to impact their portfolio, standard of living or well
being.<br>><br>>If others have more ideas, I'm always looking myself. I've
pulled the <br>>rip cord, but the chute hasen't opened yet and the ground
looks
ominous.<br>><br>>Allan<br>><br>><br>><br>><br>>_______________________________________________<br>>Join
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