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Post by maui1 on Jul 13, 2011 12:17:23 GMT -5
schwab now has trading in your currency of choice.
do you think it would make sense to trade in the strong currencies like the loonie, aussie dollar, or the swiss frank?
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Virgil Showlion
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Post by Virgil Showlion on Jul 13, 2011 13:09:33 GMT -5
Why is it called CHF, anyway?
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Post by maui1 on Jul 13, 2011 13:15:46 GMT -5
so frank- do i have to pay you for your advice?
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The Virginian
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Post by The Virginian on Jul 13, 2011 13:58:35 GMT -5
What if I don't plan on ever dying ? or What if I just take it all with me? ;D
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Post by maui1 on Jul 13, 2011 14:16:06 GMT -5
The largest online brokerage said Broadridge Financial Solutions (BR.N), a securities processing and outsourcing company, will help Schwab customers trade in multiple markets and seven non-U.S. currencies starting in the 2012 first quarter.
Trading initially will be offered in Australia, Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, Netherlands, Norway, Portugal and the UK. New currencies include the Australian, Canadian and Hong Long dollars, plus pounds sterling, Japanese yen, euros and Norway's kroner.
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bimetalaupt
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Post by bimetalaupt on Jul 13, 2011 14:37:34 GMT -5
What if I don't plan on ever dying ? or What if I just take it all with me? ;D Mr.V., Well my will was written with the skip a generation ... So What if you were not Born Yet!!! I plan to rewrite my will with a new clause..Being of sound mind and body.. I spent it ALL.. Bi Metal Au Pt Frank We used to have an system living trust.. Where the asset belonged to the Grandparents but income to the Grandchildren.. Is that still around??? Bruce Moon, Yes, Grandchildren are the reward parents have for not killing your children!!  Bruce |
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bimetalaupt
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Post by bimetalaupt on Jul 13, 2011 14:50:20 GMT -5
The largest online brokerage said Broadridge Financial Solutions (BR.N), a securities processing and outsourcing company, will help Schwab customers trade in multiple markets and seven non-U.S. currencies starting in the 2012 first quarter.
Trading initially will be offered in Australia, Belgium, Canada, France, Germany, Hong Kong, Italy, Japan, Netherlands, Norway, Portugal and the UK. New currencies include the Australian, Canadian and Hong Long dollars, plus pounds sterling, Japanese yen, euros and Norway's kroner. maui1, I am a bit miffed by the lack of the CHF(officially the Swiss Confederation (Latin: Confoederatio Helvetica, hence its abbreviation CH), )....but if you trade in Italy( Campione d'Italia is an Italian comune (municipality) of the Province of Como in the Lombardy region, occupying an enclave within the Swiss canton of Ticino, separated from the rest of Italy by Lake Lugano and mountains. The enclave is less than 1 km at the shortest point from the rest of Italy, but the hilly terrain requires a journey by road of over 14 km to reach the nearest Italian town, Lanzo d'Intelvi, and over 28 km to reach the city of Como.) or Lichtenstein the CHF is also legal currency. Well, Frank.. The one major Black Swan the CHF has is UBS.. Too big to save as it is 200% the size of the Swiss Confederation.. Just a thought, Bi Metal Au Pt |
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bimetalaupt
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Post by bimetalaupt on Jul 13, 2011 14:54:29 GMT -5
Why is it called CHF, anyway? SV.. It is from the Latin Name.. CHF(officially the Swiss Confederation (Latin: Confoederatio Helvetica, hence its abbreviation CH), Bi Metal Au Pt |
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The Virginian
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Post by The Virginian on Jul 13, 2011 14:59:17 GMT -5
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Virgil Showlion
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Post by Virgil Showlion on Jul 13, 2011 15:02:55 GMT -5
Thanks for the info, Bruce.  |
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verrip1
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Post by verrip1 on Jul 13, 2011 15:08:47 GMT -5
There are lots of currency ETFs already on the market.
Before that, Everbank offered CDs in many currencies - I'm sure they still do. Even have gold-related offerings.
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bimetalaupt
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Post by bimetalaupt on Jul 13, 2011 19:29:59 GMT -5
There are lots of currency ETFs already on the market. Before that, Everbank offered CDs in many currencies - I'm sure they still do. Even have gold-related offerings. verrip1, Yes and Everbank is a going bank.. Makes 18.9% ROE has one Billion USD Capital and bought Bank of Florida last year from FDIC on the cheap!! Rated 4 out of 5 by bank rating .. Much better then Icesave... Bi Metal |
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kman
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Post by kman on Jul 13, 2011 19:47:59 GMT -5
Confoederatio Helvetica.....That's what CH means Virgil. It's on my bumper sticker. O&G called the Swiss Franc a while ago. I looked at fxf...but not knowing as much about currency trading as Soros...never acted. My bad.
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bimetalaupt
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Post by bimetalaupt on Jul 13, 2011 20:50:00 GMT -5
Confoederatio Helvetica.....That's what CH means Virgil. It's on my bumper sticker. O&G called the Swiss Franc a while ago. I looked at fxf...but not knowing as much about currency trading as Soros...never acted. My bad. kman, Back on the old Fed-Watch board ( before msn f??k with it) Pacwest used to post a lot about Swiss bonds.. Did well with them but they are hard to get except in Luxembourg. How Times flies. As far as Schwab.. It is like the old time "pony Houses" you can bet on the stuff but can not get it out as Swiss Franc etc....Agree with FTI on that.. Remember gold at 288??? Bi Metal Au Pt I am not sure but may be we missed the train on CHF...Looks more like the USD market.. Just my thoughts, Bi Metal See chart of M2.. Attachments:
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kman
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Post by kman on Jul 13, 2011 21:19:37 GMT -5
Not enough intel to act...I listened to Frank...wise decision in retrospect....Like he says...It's what you don't know....I'm good with that  |
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kman
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Post by kman on Jul 13, 2011 21:23:33 GMT -5
Two words....OZ...Safe Rooms...developed locally...can stand an F...5 Tornado...that may be three words...but google that...very impressive..you won't believe it!!
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bimetalaupt
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Post by bimetalaupt on Jul 13, 2011 22:54:42 GMT -5
Two words....OZ...Safe Rooms...developed locally...can stand an F...5 Tornado...that may be three words...but google that...very impressive..you won't believe it!! kman, Will that protect them from the nuclear blast when one of the German reactors goes Critical.. I love NG power plants more all the time.. Now from the wind Turbines in the clouds !!! and Solar in the land of the "High Sky"..How about under the mountain Tunnels to feed lakes for Hydro power year over year in Iceland. Just a thought.. I was wrong all the time about how safe nuclear was because I did not know how many very old reactors were extending their life cycles..Me bad Bi Metal Au Pt You got to love the Worlds largest current Wind Turbine E-126 from Enercon (Germany) Attachments:
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Post by maui1 on Jul 14, 2011 9:03:02 GMT -5
Just a thought.. I was wrong all the time about how safe nuclear was because I did not know how many very old reactors were extending their life cycles..Me bad
it wasn't age that was the problem......it is spent fuel that is the problem. and it still is a problem, that has no solution yet.
japan stored spent fuel on site (as we do here) and when that spent fuel was exposed, that created the fall out.
when reactors were built, they weren't built with a spent fuel storage area on site........everyone thought that there would be a disposal process that would store spent fuel, away from the nuke site. since this storage did not happen, 'temporary' storage areas have been built at most nuke sites, and since they were built as 'temporary storage', the building standards were not as they were for the reactor themselves.
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verrip1
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Post by verrip1 on Jul 14, 2011 10:49:33 GMT -5
Just a thought.. I was wrong all the time about how safe nuclear was because I did not know how many very old reactors were extending their life cycles..Me badit wasn't age that was the problem......it is spent fuel that is the problem. and it still is a problem, that has no solution yet. japan stored spent fuel on site (as we do here) and when that spent fuel was exposed, that created the fall out. when reactors were built, they weren't built with a spent fuel storage area on site........everyone thought that there would be a disposal process that would store spent fuel, away from the nuke site. since this storage did not happen, 'temporary' storage areas have been built at most nuke sites, and since they were built as 'temporary storage', the building standards were not as they were for the reactor themselves. Geez Maui. Where have you been hiding? Haven't you heard of spent fuel rod reprocessing? The concept has been around for quite a while. The French have had it in practice for decades for their large nuclear power infrastructure. I have no idea why the Japanese haven't used the technology. I certainly know why it's not used in the US. Nuclear power opponents have made it illegal to reprocess rods here. A brilliant strategy, no? |
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Post by maui1 on Jul 14, 2011 11:18:22 GMT -5
the french recycle and get more out of their fuel, but they still have the same issues the rest of the world has, just in smaller amounts.
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