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Old 28-11-2004, 17:19   #1
goldbugger
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paper money vs electronic currency

i've been trading forex for over a year and also started acquiring
new iraq dinars ,over 50 million for $50000,and whenever the euro went down to 1.20 i would buy $1000 worth of euro notes at my bank.
i now have thousands invested in thai bahts,china yuan,
malaysian ringgits,vietnamese dong,etc.,all currencies that are undervalued or pegged and should have more upward appreciation than the euro or yen.
does anyone else invest in physical currencies and which ones?
sudan supposedly has a ton of oil but also has a war going on.
petrovietnam is discovering more oil deposits every day.
iraq has the second largeest proven reserves.
australia and canada have oil ,gold, and mining.
when one trades forex one gains leverage to make more but also to lose more and its all an ethereal electronic currency on computers around the world and is not hard cold cash.
1/10,1/2,and 1 ounce gold krugerrands,maple leafs,pandas,etc.
plus piles of asian currencies are one sure way to protect against the dollar collapse.
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