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Fxa Etf As A Hedge Against Inflation?
DekHunt
post Apr 4 2010, 12:55 PM
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What do you think about investing in the Australian currency? it is a commodity based economy with lots of commerce/demand from China.

http://finance.yahoo.com/q?s=fxa

2.12% yield

It's a bit volatile but I think it is sure a winner if you're willing to hold the shares for 3+ years. I wouldn't be surprise if the AUD trades at parity with USD.


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