One of the things that I am seriously considering doing right now is going short on the dollar against a sound curreny (the question is does one even exist?). For more information regarding the imminent Dollar Collapse see links below.
http://www.youtube.com/watch?v=EW0cBbNFalw&feature=related
http://www.youtube.com/watch?v=7EWjogDOdB8&feature=related
http://www.youtube.com/watch?v=SzmYI_4XCbM&feature=PlayList&p=97D691C1469FE5EB&playnext_from=PL&index=0&playnext=1
My question to all of you is what currency do you view as the most sound? I really would love to do this over the long term, but right now with the Greece bailout just announced I am leery of the Euro. I am leery of the Australian Dollar because of the Housing Bubble they have. I know Canada has a deficit (though nothing like ours). Maybe Singapore? Any suggestions?
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Well, I have always felt good about the swiss franc because of their independence from the euro. The dollar has been fluctuating so much that I would be hesitant to do too much. I think Brazil's money will get stronger too.
ReplyDeleteI need to check out Brazil's currency. I am not too worried about all of the short term moves the dollar makes, I will keep my money where ever I put it for a long amount of time because I believe we are in for a bull market of dollar decline.
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