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Investments > Australian Investments > Re: Borrowing m...
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Re: Borrowing money from overseas to purchase in Australia

by phantom <phantom@[EMAIL PROTECTED] > Mar 11, 2008 at 01:27 AM

..
March 10 Bonzo said
I believe the $US is overvalued.

March 11 Bonzo said
Currently, I wouldn't touch any US assets with a barge pole!
The $US most probably has much further to fall.

Fact
In the time this item has been on the boards the AUD has gone down
against the USD by 3% in 2 days. It got crunched today. 3% on $12m is
$360,000. Not a bad haircut. Sometimes it pays to know when to keep
the mouth shut.

Got any more gems Bonzo ?
..
 




 2 Posts in Topic:
Re: Borrowing money from overseas to purchase in Australia
phantom <phantom@[EMAI  2008-03-11 01:27:47 
Re: Borrowing money from overseas to purchase in Australia
"00BNZ" <00B  2008-03-12 10:40:44 

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tan12V112 Sun Oct 12 19:20:58 CDT 2008.