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
.