HongKong or Singapore Dollar?

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  • Vendot
    Confirmed User
    • May 2002
    • 3376

    #1

    HongKong or Singapore Dollar?

    Any you guys choosing for reserves?

    The pound is risky.
    The euro has problems.
    The dollar is finished in the long term.

    So where would you go?

    Renminbi isnt floated, so what about hong kong dollar or singapore dollar?
    "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell
  • spankmo
    Confirmed User
    • Jun 2009
    • 177

    #2
    the HK dollar is pegged to the US dollar

    Comment

    • Chosen
      • Aug 2001
      • 63151

      #3
      Maybe THB?
      Last edited by Chosen; 02-04-2010, 08:14 AM.

      Comment

      • Redrob
        Confirmed User
        • Oct 2004
        • 4791

        #4
        I think the yen will continue have pressure to appreciate for the foreseeable future against the US Dollar. I would not be surprised to see 75 yen to the dollar in the next two years. It has been artificially propped up against the dollar for a while now to keep the exchange rate high.
        Last edited by Redrob; 02-04-2010, 08:20 AM.

        Comment

        • HomerSimpson
          Too lazy to set a custom title
          • Sep 2005
          • 13826

          #5
          how about buying some gold?
          swiss franks?
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          • Chosen
            • Aug 2001
            • 63151

            #6
            Real Estate?

            Comment

            • fatfoo
              ICQ:649699063
              • Mar 2003
              • 27763

              #7
              I heard that Singapore is very much controlled by the state with strict rules.
              Even chewing gum is not allowed and there is a fine for it, or something.
              Send me an email: [email protected]

              Comment

              • faxxaff
                Confirmed User
                • Dec 2002
                • 2134

                #8
                I would split between AUD, CAD and CHF .... but I would wait for them to drop 5 to 10% first.
                and maybe I would add a little AUR.
                Asian Babes

                Comment

                • Chosen
                  • Aug 2001
                  • 63151

                  #9
                  Originally posted by fatfoo
                  I heard that Singapore is very much controlled by the state with strict rules.
                  Even chewing gum is not allowed and there is a fine for it, or something.
                  Last edited by Chosen; 07-05-2010, 03:13 PM.

                  Comment

                  • pornmasta
                    Too lazy to set a custom title
                    • Jun 2006
                    • 20019

                    #10
                    The Yuan :p (this is not a serious answer)

                    Comment

                    • Chosen
                      • Aug 2001
                      • 63151

                      #11
                      Go and buy some indonesian rupiah, and feel yourself billionaire

                      Comment

                      • EliteWebmaster
                        Confirmed User
                        • Feb 2010
                        • 3994

                        #12
                        Originally posted by faxxaff
                        I would split between AUD, CAD and CHF .... but I would wait for them to drop 5 to 10% first.
                        and maybe I would add a little AUR.
                        Not the canadian if you love your money. It bounces up and down like a yo-yo. I hold all of my reserves in Pounds

                        Comment

                        • Kiopa_Matt
                          Confirmed User
                          • Oct 2007
                          • 1448

                          #13
                          Originally posted by Chosen
                          Maybe THB?
                          Seconded. Even after the red-shirts burnt the hell out of Bangkok, the baht still continued to rise. Safe bet there for ya.

                          During the two months of protests, while parts of Bangkok were ground to a halt, and tourism plunged, the baht didn't lose any value whatsoever.
                          Last edited by Kiopa_Matt; 07-06-2010, 03:18 AM.
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                          Comment

                          • Redrob
                            Confirmed User
                            • Oct 2004
                            • 4791

                            #14
                            Originally posted by Redrob
                            I think the yen will continue have pressure to appreciate for the foreseeable future against the US Dollar. I would not be surprised to see 75 yen to the dollar in the next two years. It has been artificially propped up against the dollar for a while now to keep the exchange rate high.
                            Yen has hit 84 yen to the dollar and is still climbing in value.......

                            Comment

                            • v4 media
                              Confirmed User
                              • Feb 2005
                              • 2934

                              #15
                              CHF is always a safe bet.

                              Comment

                              • BJ
                                Confirmed User
                                • Mar 2002
                                • 5590

                                #16
                                gold, the physical kind.

                                Comment

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