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-   -   HongKong or Singapore Dollar? (https://gfy.com/showthread.php?t=951950)

Vendot 02-04-2010 08:28 AM

HongKong or Singapore Dollar?
 
Any you guys choosing for reserves?

The pound is risky.
The euro has problems.
The dollar is finished in the long term.

So where would you go?

Renminbi isnt floated, so what about hong kong dollar or singapore dollar?

spankmo 02-04-2010 09:14 AM

the HK dollar is pegged to the US dollar

Chosen 02-04-2010 10:13 AM

Maybe THB? :)

Redrob 02-04-2010 10:18 AM

I think the yen will continue have pressure to appreciate for the foreseeable future against the US Dollar. I would not be surprised to see 75 yen to the dollar in the next two years. It has been artificially propped up against the dollar for a while now to keep the exchange rate high.

HomerSimpson 07-05-2010 12:09 PM

how about buying some gold?
swiss franks?

Chosen 07-05-2010 03:18 PM

Real Estate? :)

fatfoo 07-05-2010 03:23 PM

I heard that Singapore is very much controlled by the state with strict rules.
Even chewing gum is not allowed and there is a fine for it, or something.

faxxaff 07-05-2010 04:07 PM

I would split between AUD, CAD and CHF .... but I would wait for them to drop 5 to 10% first.
and maybe I would add a little AUR.

Chosen 07-05-2010 04:08 PM

Quote:

Originally Posted by fatfoo (Post 17310301)
I heard that Singapore is very much controlled by the state with strict rules.
Even chewing gum is not allowed and there is a fine for it, or something.

http://files.myopera.com/drlaunch/al...6/o-rly001.jpg

pornmasta 07-05-2010 04:23 PM

The Yuan :p (this is not a serious answer)

Chosen 07-05-2010 10:07 PM

Go and buy some indonesian rupiah, and feel yourself billionaire :)

EliteWebmaster 07-06-2010 04:05 AM

Quote:

Originally Posted by faxxaff (Post 17310415)
I would split between AUD, CAD and CHF .... but I would wait for them to drop 5 to 10% first.
and maybe I would add a little AUR.

Not the canadian if you love your money. It bounces up and down like a yo-yo. I hold all of my reserves in Pounds :)

Kiopa_Matt 07-06-2010 04:16 AM

Quote:

Originally Posted by Chosen (Post 16812500)
Maybe THB? :)

Seconded. Even after the red-shirts burnt the hell out of Bangkok, the baht still continued to rise. Safe bet there for ya.

During the two months of protests, while parts of Bangkok were ground to a halt, and tourism plunged, the baht didn't lose any value whatsoever.

Redrob 08-28-2010 09:17 PM

Quote:

Originally Posted by Redrob (Post 16812533)
I think the yen will continue have pressure to appreciate for the foreseeable future against the US Dollar. I would not be surprised to see 75 yen to the dollar in the next two years. It has been artificially propped up against the dollar for a while now to keep the exchange rate high.

Yen has hit 84 yen to the dollar and is still climbing in value.......

v4 media 08-29-2010 03:03 AM

CHF is always a safe bet.

BJ 08-29-2010 03:51 AM

gold, the physical kind.


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