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Old 28-11-2004, 18:19   #1
goldbugger
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paper money vs electronic currency

i've been trading forex for over a year also started acquiring
new iraq dinars over 50 million for $50000 whenever the euro went down to 1.20 i would buy $1000 worth of euro notes at my bank.
i now have thouss invested in thai bahtschina yuan
malaysian ringgitsvietnamese dongetc.all currencies that are undervalued or pegged should have more upward appreciation than the euro or yen.
does anyone else invest in physical currencies which ?
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 canada have oil gold mining.
when one trades forex one gains leverage to make more but also to lose more its all an ethereal electronic currency on computers around the world is not hard cold cash.
1/101/2 1 ounce gold krugerrsmaple leafspasetc.
plus piles of asian currencies are one sure way to protect against the dollar collapse.
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Old 11-12-2004, 15:26   #2
leonidus
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I trade only risk capital on forex the rest is in hard assets which may fluctuate in value but not much not too fast. The risk or venture capital that I use on forex can be lost I still will be able to afford to buy food cheers
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Old 12-12-2004, 23:53   #3
kuepper
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I've been considering the same idea - acquiring physical currencies countries that aren't traded. But there are two problems that I found:

1. Hard to find. This was my main problem... where do you find these currencies?

2. Liquidity convenience. In the FOREX markets you can simply click have your money instantly converted. Trading physical currency requires the additional effort of manual conversion perhaps even less liquidity (in larger amounts).
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Old 13-12-2004, 17:20   #4
tamos
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Hello all.

Quote:
1/101/2 1 ounce gold krugerrsmaple leafspasetc.

All this fiat paper money is scum PM's seem good in any situation. Always has value. See the jpg thats real money.
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