21 hours ago, Lacessit said:

A Swiss guy in Chiang Mai once told me in times of turmoil, the Swiss Franc is a safe haven.

 

Looks like he is right.

 

 

CHF is still my home currency. It beats the <deleted> out of USD.

22 hours ago, Lacessit said:

The chart shows how the US dollar has declined against the Thai baht since tariffs started kicking in.

 

I am thinking of a holiday in Luang Prabang, where the USD is preferred.

 

Should I wait until Trump fires Powell, so I will get even more USD for my Thai baht?

 

 

 

Not sure it's tariff related - USD-THB moves in mysterious ways. Need to look as much at foreign capital inflows / outflows and what drives them. Yields on Thai government debt etc.

 

Over last month the rate has actually been fairly stable.

 

 

 

 

 

 

 

What a silly topic about a holiday

2 minutes ago, Lacessit said:

Meaningless. Too many dollars have been printed, they have to go somewhere.

 

China and South Korea have recognized the source of a country's wealth is not in the stock market. It lies in knowledge and research. Who would have thought not so long ago China would start building passenger aircraft? Or take the lead in nuclear fusion research? Dominate rare earth processing?

 

Most American universities have about 10% Chinese students. How many American students are there in China?

 

Trump is attacking universities in America, they are too free-thinking for his authoritarian mindset. One cause of the rise of China, and the decline of the USA.

 

Isolationism has a price tag. When I last looked, it was $37 trillion.

 

 

Meaningless? Really????

 

As long as my wallet gets thicker, I'm a happy camper.

47 minutes ago, spidermike007 said:

Yes this is probably a great opportunity to cash out, believe me the corrections are coming. 

Are you cashing out? 

 

Corrections happen all the time, but on average I can double in 7 yrs. Not bad.

55 minutes ago, Harrisfan said:

What a silly topic about a holiday

Didn't stop you posting 8 times on the thread, did it?

53 minutes ago, EVENKEEL said:

Meaningless? Really????

 

As long as my wallet gets thicker, I'm a happy camper.

Say hello to Nero for me.

51 minutes ago, EVENKEEL said:

Are you cashing out? 

 

Corrections happen all the time, but on average I can double in 7 yrs. Not bad.

I am cashed up.

 

PE ratios of >20 on tech stocks are beyond insane.

3 minutes ago, Lacessit said:

Didn't stop you posting 8 times on the thread, did it?

What's the point? More Trump bashing over $20 

Just now, Lacessit said:

I am cashed up.

 

PE ratios of >20 on tech stocks are beyond insane.

Tech stocks often have 30 pers

7 hours ago, Lacessit said:

I am quite grateful I am not.

So are the Brits. 

On 8/22/2025 at 12:49 PM, Schoggibueb said:

Yes, thats correct. Even when Trump said that Switzerland has to pay 39% tariffs (actually the US economy does) it went down by 1% for 3 days.

I'm happy to have my money in CHF.

Of course. It makes your stay in Thailand cheaper. Whyle the "Export Nation" of Switzerland will be struggeling in coming years. Pension Funds + AHV in distress. That will lower the value o the CHF eventually.

If you can wait till Powell deals with the interest rates in September- "WAIT!" I am!!