Scone you are becoming quite the sharer of great info on this blog. Now my friend, you must get yourself a new identity so we will know for sure that you are not just any imposter. Look at my kind green face.....you know its me just by gazing in my face.

Thanks.....and for those of you who might be interested in currency diversification see the below from Casey. Disclaimer....I own it in my 401K as a means to diversity some dollars. It is also a recommendation from the Aden girls.

New Recommendation

We’ve mentioned in the past that a prudent way to diversify your cash holdings is to invest in short-term government-guaranteed paper from countries doing a better job of managing monetary policy. Given the dollar’s performance of late, it’s easy to see why we would make this recommendation. The strategy, however, can be difficult to implement for retail investors. Below we present a solution.

Buy Merk Hard Currency Fund (MERKX) The Merk Hard Currency Fund is an open-end, no-load mutual fund that seeks to profit from a rise in hard currencies versus the U.S. dollar. The fund is managed by currency pro Axel Merk, who was among the few to identify the credit bubble back in 2003 and started moving his clients into hard currencies and gold in 2005.

In May of 2005, he set up the Hard Currency Fund. It has since grown to $434 million assets under management. The fund’s expense ratio is relatively inexpensive at 1.32% per year. Performance has been in line with what you would expect from a short U.S. dollar fund over the last few years. Since its inception, MERKX has had an average annualized return of 6.98%. (See Fact Sheet)

As you’ll read elsewhere in this edition, in our interview with Axel, a “hard currency” is one backed by a monetary policy that focuses on price stability. By investing in hard currencies, including gold, the fund seeks to protect its investors from a fall in the U.S. dollar’s purchasing power and to mitigate stock market, credit, and interest rate risk. The currency allocations are adapted as monetary policies and economic environments evolve.

The fund primarily holds short-term foreign bonds with an average duration of 18 months (59.2% of the fund as Sept. 30, 2009). The remainder is spread across different foreign treasury securities (25.7%), exchange-traded funds (e.g. GLD) (12.1%), and foreign currencies (3%).