To: CHARLITE
Only a DUmmy would dump the dollar. The rule is to BUY low and SELL high. Buy dollars and support America! Selling now would be a loss for the investor holding US paper notes. I say look long term and hold on to the dollar and wait for the Euro to fall before thinking of selling out the dollar.
5 posted on
11/28/2004 10:51:44 PM PST by
Pro-Bush
(Fallujah will be a parking lot soon!)
To: Pro-Bush
It's pretty much a fait-accomplit that the USD will continue to drop in value in comparison to commodities, especially gold. As the Chinese being to decouple the USD from the Yuan, this process should accelerate.
However, the USD's valuation in relation to other currencies such as the CAD and Euro may not decrease as rapidly, as other economies attempt to manipulate their respective fiat currencies.
To: Pro-Bush
Wait for the Euro to fall? What is worth importing from Europe? Wait for the Euro to completley fail... I think that is what you were looking for.
35 posted on
11/29/2004 2:17:26 AM PST by
Porterville
(It's time to get mine)
To: Pro-Bush
Only a DUmmy would dump the dollar. The rule is to BUY low and SELL high. They don't quite grasp that concept. And thank goodness for it. When the market is down I buy more, when the market is up I buy a little less.
These people who buy high and sell low are providing me with a nice nest egg.
38 posted on
11/29/2004 3:32:39 AM PST by
Harmless Teddy Bear
(The future is all around us, waiting in moments of transition, to be born in moments of revelation.)
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