Difference

Forgot to mention a major difference between US & Australia.

Australia recently announced it Guarantees ALL money deposited at Banks for 3 years.
Whereas, US (as far as I am aware of) Guarantee only US$100,000 deposited at banks - though there has been suggestion of doubling that to US$200,000.

Just noticed there are two comments in my post published on 14 Oct, titled "Heart Attack".

1) 8 up - I will buy A$ NOW (i.e. below HK$5.5).

But, remember, it's not only about "What you buy", but also "How to buy" is also important.
Make sure you're buying in phases - because we're only Humans and we therefore do make Mistakes.

I will sell A$ after gaining a 5% profit. (This time I may wait until it reaches HK$6 - around 10%)

The difference of Buying Currency and Shares is,

For the former, I'm doing it while waiting for the CRASH in stock market, the profit is mainly for upgrading to Business Class, or for a Longer Overseas holiday.

For the latter, it's for BIG Profit, to finance the Retirement Plan for my boys - yes, for my children - I've already retired in a sense.

2) carol - The US$ has actually been on the decline for the last 5-6 years.

It, however, rebounds everytime when the global finance was nervous recently - people are prepared to accept 0.3% interest rate from the US 1-month Treasury Bill for SAFETY.

I am very confident US$ is soon to resume its fall again.

Governments can NOT just keep printing money and buying every firms - US Government is already the Biggest Mortgage Provider in US, the Biggest Insurer in US, the Biggest Single Shareholder in 9 Major US Banks, and the Federal Budget Deficit is already the Biggest on record!!

There is always a Time Gap between,

"What is predicted to Happen" and "When it actually happens".

In Japan, some people seen the CRASH coming in 86, but it did not happen until 89!
I've been warning investors since July 2007, expecting the CRASH is soon to happen.
It is only until recently my friends started waking up and worrying the Big One could be coming.

The Only Difference is,

This time is the Biggest CRASH.

Be Prepared.

Fate
Two Steps Ahead makes ALL the Difference