How would you hedge against an $AUD collapse (10c+)?
- Thread starter SpacePete
- Start date
In reply to the OP, if you run your own business, why not try and find clients that will pay in USD? Doesn't have to be from the USA, they are everywhere.
Theoretically, HKD. If/when it stops being pegged to the USD, to the moon and all that.
TeaPot&ChopSticks said:
Theoretically, HKD. If/when it stops being pegged to the USD, to the moon and all that.
accept "paypal gift" payments in $US.
TeaPot&ChopSticks
New Member
Started out looking into this and have come up with "money morning" & "simon black" & "jim rogers"
Hong Kong dollars - Norwegian krone - Swiss Franc - Chilean peso - Singapore Dollar
Inflation is one thing to consider which the swiss franc has the lowest.
I understand Singapore, Chile and Norway all have sovereign wealth funds.
What have other people read or would be interested in buying?
Be very interested to hear and grateful as well. Thanks
Hong Kong dollars - Norwegian krone - Swiss Franc - Chilean peso - Singapore Dollar
Inflation is one thing to consider which the swiss franc has the lowest.
I understand Singapore, Chile and Norway all have sovereign wealth funds.
What have other people read or would be interested in buying?
Be very interested to hear and grateful as well. Thanks
TreasureHunter
Well-Known Member
Mixed hedge portfolio is recommended:
gold + silver + real estate/land + other currencies (of your choice) + other PM's (platinum/palladium) to diversify
If your portfolio is huge - e.g. more than 1 million AUD-worth, then you might want to get into gemstones as well - diamonds are best right now.
gold + silver + real estate/land + other currencies (of your choice) + other PM's (platinum/palladium) to diversify
If your portfolio is huge - e.g. more than 1 million AUD-worth, then you might want to get into gemstones as well - diamonds are best right now.
In time, Aussie dollars.TeaPot&ChopSticks said:
The collapse of the euro and the failure of european sovereign bonds along with the inevitable sell off of u.s. bonds will make stockmarkets boom and more importantly drive up resource prices as enormous capital flows seek safehavens.
When this happens, the aussie will skyrocket as we are the closest to the flame.
Patience will be a virtue here.
Invest in other currencies at your own peril.
The u.s. dollar is going to rise to an all time high and we will fall against it. I would be willing to bet, however, that the aussie will also rise against almost every other currency at the same time.
There is only one goto currency at the moment and probably for the next few years and that is the u.s. dollar.
tolly_67 said:
Since USDs are purchased to buy US Bonds, a sell off of US Bonds would lead to a sale of USDs. Not sure how you expect US Bonds to sell off while the USD goes up? US Bonds could fall in value if US interest rates rise, so if that is what you meant, I agree.
Not sure what would cause the USD to rise to an all time high, but I suspect that I wouldn't like the situation at the time.
If you have noticed recently, there has been a softening up period.....talk of higher rates....it is inevitable and the Fed has no control of it.....
You can also use u.s. dollar to buy u.s. stock and virtually every resource on the planet....
As the bonds drop....stocks and resources will boom.....bonds are government, stocks and resources are private.
You can also use u.s. dollar to buy u.s. stock and virtually every resource on the planet....
As the bonds drop....stocks and resources will boom.....bonds are government, stocks and resources are private.
TeaPot&ChopSticks said:
From memory this site has some interesting info:
http://www.johntreed.com/hyperinflationdepression.html
I haven't read it for a few years though, so I could be wrong.
SilverPete said:
This hypothetical question raises a number of questions in itself. For me, I'm basically treading water until I cark it. 2 years is maybe 15% of my remaining lifespan. A 10 cent change in the dollar shouldn't impact on me as I live simply. Food and shelter are local so overseas issues have little impact on my day to day expenditure. As a consequence, any investment outcome would be directed at my own basic self preservation. The secret is having the money to save now to give you that return in two years time. As a kid, I would of simply put it in a high interest bank account knowing I would get a good return. A smarter chap would have used a US dollar account if he thought the AUD would drop. Now days, this community does not trust fiat so we look for other avenues to hedge. I can't go past silver as the medium between the two dollars. It's simple and accessible.
nonrecourse
Well-Known Member
TreasureHunter said:
I agree with gold,silver and real estate. The premium on diamonds unless you are a wholesale purchaser is not worth the margin.
Kind Regards
non recourse
Has this got something to do the USD/JPY decoupling with the US share market?
SilverPete said:
Why would they need to drop the assless chaps. Have I not taught you anything?