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28 Posts Total by "helmut":
24 Posts by member
Helmut
(Hannover, Germany)
4 Posts by Anonymous "helmut":
 
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Helmut
Hannover, Germany
Posts: 24
13 years ago
Aug 29, 2011 10:08
In Thread: CHF
FXHandler, there are multiple reasons why to buy/hold MH, at present the salmon future is pretty down (seehttp://fishpool.eu), this is why MH stock is down, it offers a good entry now. They address the oversupply, if needed by producing a little bit less. The demand for the foot sector will not disappear while the debt crisis continues. An investment in a NOK based companies is also good to diversify your investments. MH is a a very strong dividend payer. The Fukushima radioactive contamination is more worse then communicated, it means that Japan must import way more fish in the long run.

BTW: I own NOK stocks of MH and Yara, for both companies I believe I can hold it for decades, better an Euro in a savings account.

You are from Norway, you should know all this!
Helmut
Hannover, Germany
Posts: 24
13 years ago
Aug 27, 2011 19:43
In Thread: CHF
@cat, thanks for the info.
BTW: As you know I own some Marine Harvest stocks, I increased my position significantly in believing that this business will survive whatever comes.
Helmut
Hannover, Germany
Posts: 24
13 years ago
Aug 26, 2011 20:35
In Thread: CHF
looks like that cats EUR/CHF short have been grilled today, I was able to benefit from it by just jumping on the big move this afternoon. I am still confident that Switzerland has no other option, they need to get the CHF down, otherwise the CH export industry goes down.

I don't know how the discussed Euro/CHF binding should work, however they will not do this for 1.18, I believe 1.25 is needed to keep the export industry in business.

I stay long over the weekend, in case the push it again just before market close as last time.
Helmut
Hannover, Germany
Posts: 24
13 years ago
Aug 20, 2011 20:11
In Thread: EUR
A question from a beginner to the experts regarding the USD versus Euro for the next couple of years. My understanding is that the USD is the reserve currency and that Europe may not overcome the european debt crisis, once one or more EU countries collapse, this will have a domino effect for the entire banking system. On the other hand the US will likely to unwind QE1/Q2 which means there will be significant demand for the USD. Also the US cannot go bankrupt because their dept is in USD which they control.

With this situation in mind and catnips recommendation to keep USD cash is it time now to get swap Euros into USD and keep in cash?

Is a Euro breakout as the charts may show it substantial or do you assume a much stronger greenback for the long run.

Thank you for your opinion/discussions.
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