Mark McHugh

The Burden of the Carry Trade

thanks ray.

I don't look for a fast turnover, but I hate the anxiety of being under water on anything. I agree with you about the FXA, almost went into that big last fall. What scares me away is, I can't "feel" the Australian economy. I'm sure you know, we've been experiencing a pretty big gap between rhetoric and reality.

I'm glad to see someone writing on currency trading from experience. Please keep it up.

thanks again

The Burden of the Carry Trade

Hey Ray,

I'm still just contemplating currency trading (in any form). A while back, I considered DBV. Obviously, I'm glad I held off. Do you have any thoughts about DBV now, or ICI? Margin is not for me.

thanks for the articles

How Bad Is the Dollar's Fall?

What's most interesting to me is the dollar's problems began when the "recovery" began. So most foreign investors have been watching their US equity gains of the last 5 years evaporate in their home currency.

Gold Traders See Through ECB’s ‘Smoke and Mirrors’

Gary,

Thanks for the article! It's very difficult for US investors to understand the impact of other central bank policies. I must confess, I was believing the ECB rhetoric, although I was confused why the dollar's plunge has slowed. I really thought the Eurozone planned to defend the currency. You've opened my eyes to the fact that they haven't been and aren't likely to start now.
thanks again