http://www.theundergroundinvestor.com/2006/09/a-lies-lies-lies/ The definitive investment blog for investment news not discussed in the mainstream media Tue, 27 Jul 2010 15:07:47 -0500 hourly 1 http://wordpress.org/?v=3.0 http://www.theundergroundinvestor.com/2006/09/a-lies-lies-lies/comment-page-1/#comment-86 The Zen of Investing - SmartKnowledgeU™ » A: Take Advantage of the Thai Coup d’état Wed, 20 Sep 2006 05:27:36 +0000 http://www.smartknowledgeu.com/blog/investing-bull-v-reality/12/a-lies-lies-lies/#comment-86 [...] The public sniping between Thaksin and his opponents reached a peak when he sold Shin Corporation, which many Thais view as a national asset, to a Singapore company for 73 billion Baht (roughly USD $1.97 billion), claiming that he did so only at the urging of his children and to avoid appearances of conflict of interest in the future. In fact I strongly believed back then that the reason the U.S. dollar had been strengthening against all Asian currencies for six straight weeks except the Thai baht was due to the PM’s huge multi-billion position in Thai Baht. If you click here, you can read the ludicrous explanations given by the Bank of Thailand for the baht’s continuing strength as the lone Asian currency defying global trends in Asia. In any event, the public sniping became so bad at this point that Thaksin appealed to the most revered King of Thailand, stating that he would step down if the King asked him to do so. The infighting continued with an alleged attempt on Thaksin’s life recently. [...] [...] The public sniping between Thaksin and his opponents reached a peak when he sold Shin Corporation, which many Thais view as a national asset, to a Singapore company for 73 billion Baht (roughly USD $1.97 billion), claiming that he did so only at the urging of his children and to avoid appearances of conflict of interest in the future. In fact I strongly believed back then that the reason the U.S. dollar had been strengthening against all Asian currencies for six straight weeks except the Thai baht was due to the PM’s huge multi-billion position in Thai Baht. If you click here, you can read the ludicrous explanations given by the Bank of Thailand for the baht’s continuing strength as the lone Asian currency defying global trends in Asia. In any event, the public sniping became so bad at this point that Thaksin appealed to the most revered King of Thailand, stating that he would step down if the King asked him to do so. The infighting continued with an alleged attempt on Thaksin’s life recently. [...]

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