Target $9.36, page-21

I have multiple portfolios for different reasons where all available cash in each portfolio is in WHC, which represents 100% of each portfolio.

I find that holding WHC is an excellent hedge against a falling US dollar. The inflation and debt situation in USA is approaching a point where people will loose confidence in it as a reserve currency and its value will fall sharply. A big reason that USA can print large amounts of money and have its dollar maintain its value is because of middle eastern countries agreeing to sell their oil in the US dollar. Now we have some selling to China in Yen and Russia has completely scrapped the dollar as a reserve. This trend is looking to continue with the changing world order.

Losses in revenue from a 1:1 ratio of US to AU dollar will be more than offset by the increase in coal price from the decrease in the reserve currencies purchasing power.