It will happen later for those countries with large reserves of
hard currency assets, especially the dollar.
Not exact matches
With dollar weakness complicating the investment case for U.S. fixed income
assets, flows to U.S. Bond Funds were close to neutral going into March as investors pulled back from all the major groups except Emerging Markets
Hard Currency Bond Funds...
Among EM
assets, we also like EM bonds, particularly those denominated in
hard currency, for their balance between risk and return.
According to cryptocurrency superintendent Carlos Vargas, the government will accept
hard currency or other cryptocurrencies in exchange for the oil - backed digital
asset, but not bolivars.
I have been, and still am, a gold and
hard assets investor to, number one, hedge against global monetary inflation and fiat
currency devaluation and, number two, leverage rising demand for the metal in an environment of low market confidence.
GORDON T LONG: The best advice I can give is to get out of the
currencies and get into
hard assets because real wealth, the real collateral we talked about, is
hard assets.
The bottom line: Even after the recent outperformance, EM
hard currency debt is a fixed income
asset class worth tilting toward as we head into 2016.
Holders of US - dollar based fixed income
assets also bear the brunt, if thy have to convert it back to their
harder currency.
When a paper
currency falls in value, gold increases as investors prefer
hard assets such as precious metals.
An emerging markets bond fund that integrates sovereign
hard currency debt, local
currency debt, emerging market corporate debt, and emerging market
currency rates within an actively managed, strategic
asset - allocation framework.
They have no current
asset bubbles, they control their own
currency, and so there are no
hard obstacles that would prevent them from achieving reasonable 6 - 10 % returns over the coming decade or two, barring any major disasters.
So, keep some
hard assets like gold (maybe 10 - 20 % of your
assets) to safeguard against devaluation of paper
currencies and inflation.
Merk's flagship no - load fund, Merk
Hard Currency (MERKX), is still around but has been bleeding
assets (from $ 280M to $ 160M in a year) and losing money (down 2.1 % annually for the past five years).
Other options include the transfer of IMF - created «special drawing rights» (reserve
assets created by the International Monetary Fund that countries can exchange for
hard currency) from rich to poorer countries, redirecting harmful fossil - fuel subsidies, reducing spending on ballooning military budgets, and taxing aviation and shipping.
By backing their tokens with real fiat
currency and offering unprecedented legal protection as well regular and transparent auditing of their
assets, it will be
hard to ignore TrueUSD as it proves itself a serious contender in the emerging world of stablecoins.
Since then, I try to focus on
hard and / or naturally yielding
assets, while trying to stay independent from the long - term debasement of fiat
currencies.
An offshore investment should be viewed as a possible yield - generating
asset that can derive a
hard currency income.