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Old 03-08-2008, 05:14 PM   #649
willcls
I STILL don't get it
 
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Join Date: May 2001
Location: van
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the pullback in commodities will not be short lived my friends. the financial markets are getting fucked up. the japanese yen and swiss franc have been on a rip with the carry trade unwinding,all that cheap money coming out of japan all these years and we havent even heard from any japanese banks about holding any of that garbage subprime mortgage debt ( the country with the easiest available access to capital and we should believe they dont hold any of that garbage debt? i dont think so) maybe BOJ will make interest rates freaking 0%
disclosure:

canadian holdings: hed.to, hgd.to, hxd.to
us holdings: dug , sds, ewv, fxp, also front month put options on sp500 and bovespa etf (ewz)

longterm: im hoarding renminbi, ahahah i feel so sketchy buying the hard currency every couple weeks in small amounts
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