USDARS: Local top spotted, sell your dollar bills...

Jun 21, 2018

USDARS should retrace from here, or at least stop rallying like crazy every week...
This will bring some relief in local equities, I've been entering some positions the last two days, in my local savings account.
For my fellow Argentinians: I'd reccomend to look into selling USD if you own any as cash savings, and investing in either p2p lending, equities, or bonds, and/or gold/silver.

Cheers,

Ivan Labrie

Jun 27, 2018

Note

The dollar is destroying emerging market currencies and equities...terrible really.
I'd suggest just holding investments denominated in USD, avoid attempting to fade the dollar rally, but also, don't just buy and hold dollar bills, it's less than ideal.

Jun 27, 2018

Trade closed manually