2008/08/17
Currency Lookout (17th Aug 08)
I think the last week at the Reserve Bank's Office in Wellington has been very HOT !
On the 13th of August Bollard started calling all the Banks and asking them to BUY - BUY - BUY the National Currency. Probably he called also in China and Japan to find an HELP.
Otherwise ............. Guys, close all the doors and put outside the notice :
SOLD OUT !!!
In America in the meantime the Executive Order was :
"Keep buying US Dollar, whatever the cost !"
Also there the armchairs are very hot.
It's time to buy Us Dollar ?
It's time to buy NZ Dollar ?
Not yet, my friends !
Before, Let them play their game.
Like a wise old man we stay at the river's border waiting for the right moment to throw the fish-hook.
See you later.
Bye
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