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  • How Should the Dollar's Impact Be Considered When Buying Stocks? [View article]
    <i>Now, if your really smart you could have bought an Aussie mining company or two back in March with US dollars, changed to Aussie dollars, then sold them into the rally and changed them back to US dollars and made a fortune (in a future useless currency!)</i>
    And I thought I made things complicated! All you had to do was buy BHP or RIO ADRs in the US and you got both the mining bounce and AUD currency gain.
    finance.yahoo.com/q/bc...
    In the last six months BHP.AX is up 20%, while the ADRs up are 60%, i.e. BHP + AUD gains.
    Aug 17 09:02 am |Rating: +1 0 |Link to Comment
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