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Old 09-09-2005, 08:51 PM  
davidd
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Join Date: Jul 2003
Posts: 1,076
Quote:
Originally Posted by GoodGuy
Looks like after the Katrina, the dollar is going back to normal

What do you think will happen?

Is it a good idea to sell euros and buy dollars?


The dollar long term is fucked.

I have been long anything but the dollar since 2000. Ride these little ups and downs, the big gains are coming.

If you feel it is unpatriotic, then buy silver or gold.

Check out the Asian currencies and the NZD AUD. The euro is rising merely because it sucks less than the dollar. The NZD and AUD pay a great interest rate, but be watchful of upcoming cuts.
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