Ski Daddy (and the peanut gallery): to take advantage of currency movements, or at least use it as a hedge against the forces at work and any hypothetical market armageddon, what about a plain vanilla global bond fund? Does that work similiarly, or at least in the same direction, as the yen vs. euro idea? I know there’s at least three pieces: the current income, price movement, and the currency movement, but seems like a relatively low risk strategy that pays off if Asia sells a bunch of dollars one day.
I'm just getting exhausted (my fingers are starting to hurt) arguing what seems to me to be differing definitions. [/quote]
Fair enough. Remember dude, just because I disagree with you doesn't mean I don't respect your opinion.