whitewizard
Registered User
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- 1
Hi,
What is the best approach to capatilise from an imminent national currency crash?
I'm looking at Australia where property prices have gone way up in recent years and price of a beer has quadrupled.
We know what happens to a bubble when it gets to that stage. It draws parallels with Ireland in 2008.
Main difference is that Australia has its own currency so may de-value it. I don't know if this means their stock exchange would maintain value or would it still go down also.
Given that this could be a few years before the crash in Australia, what is the best way to capatalise from this?
ForEx trading seems difficult as there is a daily cost so a 2 or 3 year wait is not realistic.
Would hedge betting on the Australian index be best?
many thanks,
What is the best approach to capatilise from an imminent national currency crash?
I'm looking at Australia where property prices have gone way up in recent years and price of a beer has quadrupled.
We know what happens to a bubble when it gets to that stage. It draws parallels with Ireland in 2008.
Main difference is that Australia has its own currency so may de-value it. I don't know if this means their stock exchange would maintain value or would it still go down also.
Given that this could be a few years before the crash in Australia, what is the best way to capatalise from this?
ForEx trading seems difficult as there is a daily cost so a 2 or 3 year wait is not realistic.
Would hedge betting on the Australian index be best?
many thanks,