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Roger Nusbaum » Comments » CNY

  • In Search of Healthy Currencies  [View article]
    here's hoping for easy shekel access for US based investors...


    On Oct 28 05:44 AM Michael Eisenberg wrote:

    > Roger - Good one. I think another point everyone needs to think about
    > is day to day exposure. My case is easy. I live in Israel. Hence
    > I moved almost all of my dollars to shekels about 12 months both
    > to avoid the weak currency and to put most of my eggs in the basket
    > that I have most of my expenses. People living in the US though do
    > not realize that given that many goods are imported, they effectively
    > have currency exposure in their day to day lives as the dollar drops
    > and imported goods become more expensive. It is worth thinking in
    > terms of global currency hedging in terms of COL as well.
    >
    > Finally, I think Israel has a lot of this correct and the Shekel
    > feels like a good place to be vis a vis the euro and the dollar.
    Oct 28 12:17 pm |Rating: 0 -1 |Link to Comment
  • In Search of Healthy Currencies  [View article]
    good point and I think consistent with my interest in sidestepping some of this workout.


    On Oct 27 08:37 AM Clive Corcoran wrote:

    > Much as I am a fan of Ambrose Evans Pritchard, I think it is rash
    > to say that the US currency will be the global reserve currency for
    > the remainder of this century.
    > The process of superseding the status quo may not be an entirely
    > orderly one - but financial crises seldom are - and there is surely
    > a growing need for a global unit of account that is not subject to
    > the whim's of central bankers and how much of their currency they
    > want to print
    Oct 27 10:20 am |Rating: +2 0 |Link to Comment
  • In Search of Healthy Currencies  [View article]
    the downside of Swissi appears to be the SNB's desire to have it lower and that it is no where near big enough to help its banks out if it needed to.


    On Oct 26 12:23 PM Uncle Pie wrote:

    > Don't forget CHF the Swiss franc. A US$ used to buy four Swiss francs,
    > today it will just buy one with a couple of pennies left over. Conveniently,
    > you can easily invest in world class companies which pay their dividends
    > in Swiss francs; I've invested in Novartis NVS, Swisscom SCMWY,
    > Roche Holdings RHHBY, and Zurich Financial ZFSVY. These complement
    > my dividend payers in Australian $: BHP, ANZBY, NABZY, WOPEY and
    > TLSYY. They complement my holdings which pay dividends in Canadian
    > $, Euros, Norwegian krone, etc., too numerous to list here but mentioned
    > in some of my other posts.
    Oct 26 13:33 pm |Rating: 0 0 |Link to Comment
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