ARSUSD: Hold pesos, term deposits yield 17% per year

2017년 2월 24일

I'd hold pesos now, personally. As part of my currency holdings. I wouldn't be in USD if possible, and would prefer other assets, like foreign currencies, EEM shares vs SPY shorts, TLT longs, gold/silver/bitcoin/ethereum, undervalued selected stocks, TSLA shares, VLKAY shares, perhaps the new COIN etf shares once they are released, Argentinian stocks on corrections or dips, names like BMA, CRES, IRSA are my favorites. I'm out of them, but looking to rebuy on dips.

People are terrified, they fear a crisis, they fear the local currency and stocks, they fear Trump...Many are closing businesses they recently opened, out of fear of the government's actions but I think it's a sentiment extreme and should be faded. I remain optimistic.

Good luck,

Ivan Labrie.

2017년 3월 28일

노트

2017년 4월 20일

노트

The last bar implies some danger of the peso weakening here. I'll reduce my exposure.