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

by "00BNZ" <00BNZ@[EMAIL PROTECTED] > Mar 12, 2008 at 10:40 AM

"phantom" <phantom@[EMAIL PROTECTED]
> wrote in message 
news:e48748f8-eb7c-4ebe-ba73-acb41e11e53d@[EMAIL PROTECTED]
> .
> 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 ?


Yes.
Are you aware of peaks and troughs in a long term trend, my son?
The long term trend for the $US is DOWN!

Maybe you should be studying "Trend Characteristics 101"




Warmest Regards

Bonzo


". researchers at the Max Planck Institute for Solar Research in Germany 
re****t the sun has been burning more brightly over the last 60 years, 
accounting for the 1 degree Celsius increase in Earth's temperature over 
the last 100 years." 
http://ibdeditorial.com/IBDArticles.aspx?id=287279412587175
.
 




 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 Thu Dec 4 18:33:41 CST 2008.