PDA

View Full Version : Aussie buck reaches parity with the greenback



h2so4
18-10-2010, 07:02 PM
http://www.abc.net.au/news/stories/2010/10/15/3040079.htm

Is it time to invest in the US?

peat
18-10-2010, 07:29 PM
the other day i found a report I'd obviously downloaded and saved from a guy called Martin Armstrong (google him if you're interested ) and he reckoned AU2 = US1

in which case not time to invest in US but actually in AU!!!!

JBmurc
18-10-2010, 07:50 PM
yes I'm certainly glad to have invested much of my investment funds into the ASX an in turn the AUD round the 92c-94c AUD/NZD years ago
bringing some of the profits back these days with a very nice exchange rate bonus of 15%+ more