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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / Re: What is the dollar going to be falling against?
Post #183,609
by andread
11/8/04 7:24:06 PM
Reply
New Re: What is the dollar going to be falling against?
Look at the Euro
was worth $.89 when it came out
today $1.29
almost 50% increase in value
or a big decline for US $

A

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Post #183,613
by ben_tilly
11/8/04 7:47:47 PM
Reply
New Exactly where I was heading. :-)
Even better yet, don't buy a foreign currency, buy debt denominated in that currency. You're betting on the exchange rate shift, and you're going to be earning interest in case that doesn't work out.

Cheers,
Ben
I have come to believe that idealism without discipline is a quick road to disaster, while discipline without idealism is pointless. -- Aaron Ward (my brother)
     Wow, look at the US dollar - (jake123) - (25) - Nov. 3, 2004, 11:16:52 AM EST
         Canadian fluctuated 4% - (Arkadiy) - (24) - Nov. 3, 2004, 12:05:20 PM EST
             Just wait. -NT - (mmoffitt) - (23) - Nov. 3, 2004, 08:11:57 PM EST
                 Euro's up another cent today vs USD - (jake123) - (22) - Nov. 4, 2004, 01:14:19 PM EST
                     This will be "interesting" to watch - (ben_tilly) - (21) - Nov. 4, 2004, 03:22:48 PM EST
                         Bring it on. -NT - (mmoffitt) - Nov. 4, 2004, 03:35:09 PM EST
                         Catastrophe theory - (deSitter) - (1) - Nov. 4, 2004, 03:35:22 PM EST
                             Feh. - (pwhysall) - Nov. 5, 2004, 07:29:57 AM EST
                         I don't think it will be the bare fact of him winning - (jake123) - (1) - Nov. 4, 2004, 04:05:14 PM EST
                             Wow, you're bumming me almost as much as Ben does. -NT - (inthane-chan) - Nov. 4, 2004, 04:10:15 PM EST
                         Hope it happens a repeat of the eighties - (daemon) - (13) - Nov. 4, 2004, 05:50:17 PM EST
                             Time to visit Dallas Gold and Silver Exchange - (gdaustin) - (12) - Nov. 8, 2004, 03:21:40 PM EST
                                 dont put a lot into gold, just mad money - (daemon) - (10) - Nov. 8, 2004, 05:59:15 PM EST
                                     What is the dollar going to be falling against? - (ben_tilly) - (9) - Nov. 8, 2004, 06:57:53 PM EST
                                         Commodities and Assets - (gdaustin) - (6) - Nov. 8, 2004, 07:11:34 PM EST
                                             In 1980 the Hunt brothers were going for broke - (ben_tilly) - Nov. 8, 2004, 08:01:20 PM EST
                                             Sing it in the red states dude - (deSitter) - (3) - Nov. 8, 2004, 08:42:12 PM EST
                                                 Non-seq - (bepatient) - (1) - Nov. 8, 2004, 09:54:56 PM EST
                                                     Re: Non-seq - (deSitter) - Nov. 9, 2004, 04:23:15 AM EST
                                                 Take yer meds. - (pwhysall) - Nov. 9, 2004, 01:48:32 AM EST
                                             get knowed up on gold - (daemon) - Nov. 8, 2004, 08:57:39 PM EST
                                         Re: What is the dollar going to be falling against? - (andread) - (1) - Nov. 8, 2004, 07:24:06 PM EST
                                             Exactly where I was heading. :-) - (ben_tilly) - Nov. 8, 2004, 07:47:47 PM EST
                                 deflation is already in Houston - (lincoln) - Nov. 8, 2004, 07:10:14 PM EST
                         And all this will make US goods and services more... - (a6l6e6x) - (1) - Nov. 4, 2004, 05:50:43 PM EST
                             It would help if ... - (mmoffitt) - Nov. 5, 2004, 08:31:49 AM EST

Then again, I think our walls are made from the salvaged hulls of exotic alien spacecraft so YMMV.
47 ms