Refco Stiffing Its Customers

Argentina has a good reputation especially if you wish to invest in government debt.

 

It appears that Argentina suffered a tremendous currency devaluation circa 2001/2002.

I would not feel safe investing in that currency. So far the only currency that IMO looks safe is the Swiss Franc. But I would like your further opinion and comments.

Thanks, Mike

 

I was just kidding here...

Arg gov bonds defaulted last year.

Investors haven't seen a dime yet.

 

OK thanks for the humor.

But being a trader and not an investor, it does not appear easy to invest with the goal of protecting ones assets againt currency devaluation especially the US dollar.

 

If you are in the US, you might want to consider investing in CND stocks on the TSX if you are looking for a form of hedging.

I haven't taken the time to do any formal statistical analysis for you on this one, but my general thinking is that the $CND is going to be quite strong vs. the $US for the near future.

 

UK judges are the most liberal in the world these days. They will not even deport a threat to national security. Britain is living in a post nation state phase, it is now a refugee camp.