Quote:
Originally posted by LegendaryLars
http://yahoo.reuters.com/financeQuot...3115673_newsml
BUY GOLD
also if ya ever wanted to take a trip to the US now is the time. when the dollar was strong I went to your countries now that its weak I am sataying home 
You can also buy US cars cheap corvette gt40 dodge viper and so forth. Now is the time to think of things in the US you want to buy .
US inflation is gonna go nuts and so US real estate is also very cheap for foreign buyers.
If people thought the buying up of america by the japanese was bad in the 1980s just wait till china starts its run on us ! Will make japan look like a wimp.
US real estate is gonna keep on goin up for the time being due to high inflation and dropping dollar.
Best bet GOLD now at 16 year highs
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Yes, the dollar is now hitting new lows against many world currencies from the yen to the euro. With America's increasing trade deficit, and with talk of Russia and other countries moving more of their reserves to euros, this will get interesting, and quick! The way I see it, the US will have to employ one of two options to avoid a complete economic melt down.
1) Start moving interest rates in the upward direction. (..keeps foreign investment on the positive side, and inflation down)
2) Keep the dollar low, and let inflation continue to rise. (..this will erode the value of the personal debt load amongst America's debt ridden population)
For savvy investors, with cash in hand (and no/low credit card debt), this will be a whole new age of opportunity!!! It's not hard to see the amazing investment opportunities that will present themselves in the coming years. Where there is change, there is opportunity.
