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Posts Tagged ‘ Bank of Thailand ’

Short the Baht to Profit From Thai Inflation Woes

Jul 29th, 2008 | By Jack Crooks | Category: Featured, Financial News

Thailand’s fairytale of growth and prosperity is over, says currency expert Jack Crooks in The Sovereign Society.

Fuel and food costs are pushing inflation towards double-digit levels. The central bank is behind the curve in tightening monetary policy, and it doesn’t look like it will catch up anytime soon.

All this makes the Thai currency, the baht, look very vulnerable, says Jack. Short-selling is the best option in the weeks to come…

Tags: Bank of Thailand, Emerging Markets, investing in Thailand, Jack Crooks
Posted in Featured, Financial News | Comments2008-07-29+12%3A05%3A03Jack+Crooks

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