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Letters: The dollar, super megaphone, technical nickel

Readers inquire about ways to play the dollar, support more responsibility in super, and find buy signals for nickel.
By · 7 Nov 2012
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Playing the dollar

Regarding Ian Verrender's piece on the likely decline in the Australian dollar exchange rate, a number of Australian stocks were mentioned. Are there other alternatives for taking advantage of a fall in the Australian dollar, for example buying US currency or buying US stocks (either directly or through a fund)?

GC

Where have you been?

I write regarding Alan Kohler’s November 1 article, in The Australian, on the failure of superannuation.

With respect, where have you been for several years? The government mandates, through legislation, that one must put 9% of hard earned income aside for retirement. One is fined if refusing to do so.

It is therefore the moral and ethical responsibility of government to put in place a market/systems/strategies that ensure that virtually every cent one has contributed to super is in fact available on retirement. Neither Hawke/Keating, nor Howard/Costello, nor particularly the current scurrilous mob, either recognised their responsibility or attended upon it.

It is high time Eureka Report used a megaphone on this aspect of super.

C Wargent

Technical time for nickel

According to my Technical Analysis charts, Tim Treadgold's precis (The nickel worm finally turns up, September 26) finally has four up-trending buy signals in the net. BUX, MAT, SIR & SFX.

The time is therefore opportune for a Fundamentals Analysis up date.

V Massonic

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