Down on the dollar Non US citizens ? - GoFuckYourself.com

Xenophage · 11-26-2004, 09:38 AM

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

xclusive · 11-26-2004, 09:40 AM

Good advice i've been buying gold for the last 3 years it's about as stable and on the rise as you can get...

JFK · 11-26-2004, 09:43 AM

I will be sataying in Canada for a bit

But I WILL see you in Vegas

Xenophage · 11-26-2004, 09:43 AM

Quote:

Originally posted by JFK
I will be sataying in Canada for a bit But I WILL see you in Vegas

sweet

TheLegacy · 11-26-2004, 09:44 AM

dont tell the Bush people this - they think their savior can do no wrong

Xenophage · 11-26-2004, 09:45 AM

I have also done very well with my foreign etfs

EEM is a great etf going gangbusters

Brazil and latin american stocks are on fire also !
due to dollar decline

Satisfaction · 11-26-2004, 10:07 AM

yeh that sounds like some good advice i should take..

jimmyf · 11-26-2004, 10:11 AM

Quote:

Originally posted by LegendaryLars
http://yahoo.reuters.com/financeQuot...3115673_newsml

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.

this I can believe

one hell of a lot more of'em 2

BRISK · 11-26-2004, 10:13 AM

Quote:

Originally posted by LegendaryLars
US real estate is gonna keep on goin up for the time being due to high inflation and dropping dollar.

Are you forgetting about the rising interest rates?

Dcat · 11-26-2004, 10:44 AM

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

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.

Xenophage · 11-26-2004, 10:49 AM

Quote:

Originally posted by BRISK
Are you forgetting about the rising interest rates?

no I expect rates to rise with inflation

GOLD GOLD GOLD

in the 1970s with 13% interest rates housing did very well

Xenophage · 11-26-2004, 10:50 AM

Quote:

Originally posted by Dcat

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.

fuck yeah there is a lot of money to be made..

whenever someone is getting fucked there is someone else on the other side of the trade.

tranza · 11-26-2004, 10:51 AM

Quote:

Originally posted by LegendaryLars
Brazil stocks are on fire also !
due to dollar decline

True that... I can't complain!

Dcat · 11-26-2004, 10:53 AM

If the Federal Reserve allows inflation to rise (and that is a very likely scenario), Real Estate will be GOLDEN.

Dcat · 11-26-2004, 10:54 AM

Quote:

Originally posted by LegendaryLars
fuck yeah there is a lot of money to be made..

whenever someone is getting fucked there is someone else on the other side of the trade.

You know it!

kinetic · 11-26-2004, 03:57 PM

I sale short dollars. Cheap!

Doctor Dre · 11-26-2004, 05:14 PM

Buying gold would have been smart a while ago . Now the price is gone crazy

DutchTeenCash · 11-26-2004, 05:17 PM

or travelling to the US for fun

250 bucks for an amsterdam ny roundtrip

angelsofporn · 11-26-2004, 05:27 PM

I've been buying loads of canadian dollars with my US dollars over the past 30 days or so.

AlienQ - BANNED FOR LIFE · 11-26-2004, 05:31 PM

Yeah now that I am near retirement and all my shit is in USD of course the crap is gonna turn to real shit...

Thats just fucken great.

Vitasoy · 11-26-2004, 05:49 PM

You've got some nice tips there.

Greg Jacobson · 11-26-2004, 05:58 PM

If you put money into gold at this point you are on the wrong side of the trade. Buying gold at these prices is like buying the Nasdaq at 4500.

Xenophage · 11-26-2004, 06:54 PM

Quote:

Originally posted by Greg Jacobson
If you put money into gold at this point you are on the wrong side of the trade. Buying gold at these prices is like buying the Nasdaq at 4500.

could be or gold might be headed for 600

and dollar to 160 Euro

Dcat · 11-26-2004, 07:08 PM

Quote:

Originally posted by Greg Jacobson
If you put money into gold at this point you are on the wrong side of the trade. Buying gold at these prices is like buying the Nasdaq at 4500.

Yes, I agree. Gold is a lousy investment in general. The prices have remained at about $400/ounce for the past two decades. Buying gold now would definitely be the wrong thing to do. Gold is now pushing $450/ounce, and will rise slightly in the wake of rising inflation (as people buy it up as a hedge against inflation), but it will peak soon, and will be on the downslide again back to where it likes to rest at about $400/ounce. Factor in the fee's to buy it, the fee's to sell it back, and you will at very best break even.

Dcat · 11-26-2004, 07:09 PM

Quote:

Originally posted by LegendaryLars
could be or gold might be headed for 600 and dollar to 160 Euro

That seems a little optimistic to me, but who knows? Stranger things have happened.

Theo · 11-26-2004, 07:16 PM

Quote:

Originally posted by Greg Jacobson
If you put money into gold at this point you are on the wrong side of the trade. Buying gold at these prices is like buying the Nasdaq at 4500.

i think so too

Nicky · 11-26-2004, 07:25 PM

if u wanted to make a good deal at gold u should have bought 3 years ago, the money is in real estate.....

Project-Shadow · 11-26-2004, 07:40 PM

Quote:

Originally posted by Soul_Rebel
i think so too

Whoa.. what happened in the past 5 years?

Dcat · 11-26-2004, 07:52 PM

Quote:

Originally posted by Nicky
if u wanted to make a good deal at gold u should have bought 3 years ago, the money is in real estate.....

Yes, that's exactly where it's at. The real estate market has been red hot for the past few years, interest rates have been historically low, buyers have overextended/leveraged themselves (by buying more house than they can really afford, and by refinancing their homes), and if the interest rates start to rise in sharp increments like predicted (to keep foreign countries invested in US T-Bills), there will be a lot of good deals to be had as people bail, out or loose their homes.

On the flip side, if you hold real estate in your portfolio and inflation rises, you will build equity quite quickly!

brutus · 11-26-2004, 08:06 PM

I will come after Bush is gone.........

Paul Markham · 11-26-2004, 08:50 PM

Quote:

Originally posted by Jesus H Christ
Great post!

The dollar dropping is also good for the us at time. Our exports go through the roof. This creates jobs and them more money goes back in to the comunities.

If the US had anything much to export then you can bet it would not be in the position it is in now.

Someone mentioned American cars being a good deal, when was the last time you saw an American car in Europe, now look at all the Mercs, BMW, Saabs, Audis, the Americans drive. This can be applied to most products.

The products the US exports are mostly products that can't be made cheaper in countries like Mexico.

Don't buy houses yet, the interest rate WILL rise and there will be lots of people selling houses for what ever they can get.

Paul Markham · 11-26-2004, 08:54 PM

Quote:

Originally posted by Project-Shadow
Whoa.. what happened in the past 5 years?

9/11 and Bush.

Xenophage · 11-26-2004, 11:16 PM

Quote:

Originally posted by Dcat
Yes, I agree. Gold is a lousy investment in general. The prices have remained at about $400/ounce for the past two decades. Buying gold now would definitely be the wrong thing to do. Gold is now pushing $450/ounce, and will rise slightly in the wake of rising inflation (as people buy it up as a hedge against inflation), but it will peak soon, and will be on the downslide again back to where it likes to rest at about $400/ounce. Factor in the fee's to buy it, the fee's to sell it back, and you will at very best break even.

with the GLD etf the cost to trade it is $9 bucks I bought a lot of it for 9 bucks in 9 bucks out..

Xenophage · 11-27-2004, 10:45 AM

gold went up again on friday

Xenophage · 12-04-2004, 07:40 PM

GLD is rocking !

11-26-2004, 09:38 AM	#1
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	Down on the dollar Non US citizens ? 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

11-26-2004, 09:40 AM	#2
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	Good advice i've been buying gold for the last 3 years it's about as stable and on the rise as you can get... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

11-26-2004, 09:43 AM	#3
JFK FUBAR the ORIGINATOR Industry Role: Join Date: Jan 2002 Location: FUBARLAND Posts: 67,374	I will be sataying in Canada for a bit But I WILL see you in Vegas __________________ FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com

11-26-2004, 09:44 AM	#5
TheLegacy SEO Connoisseur Industry Role: Join Date: Apr 2003 Location: Brantford, Ontario Posts: 17,111	dont tell the Bush people this - they think their savior can do no wrong __________________ SEO Connoisseur Microsoft Teams: Robert Warren SEO Telegram: @TheLegacy54 RobertWarrenSEO.com

11-26-2004, 05:17 PM	#18
DutchTeenCash I like Dutch Girls Join Date: Feb 2003 Location: dutchteencash.com Posts: 21,684	or travelling to the US for fun 250 bucks for an amsterdam ny roundtrip __________________ ICQ 16 91 547 - SKYPE dutchteencash bob AT dutchteencash DOT com ... did you see our newest Sweet Natural Girl Priscilla (18)?

11-26-2004, 09:45 AM	#6
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	I have also done very well with my foreign etfs EEM is a great etf going gangbusters Brazil and latin american stocks are on fire also ! due to dollar decline

11-26-2004, 10:07 AM	#7
Satisfaction WootWootCash.com Join Date: Jul 2004 Location: Australia Posts: 10,900	yeh that sounds like some good advice i should take..

11-26-2004, 10:53 AM	#14
Dcat Confirmed User Industry Role: Join Date: Aug 2003 Location: Mexico Posts: 1,607	If the Federal Reserve allows inflation to rise (and that is a very likely scenario), Real Estate will be GOLDEN.

11-26-2004, 03:57 PM	#16
kinetic Confirmed User Industry Role: Join Date: Mar 2003 Location: Loch Ness Posts: 395	I sale short dollars. Cheap!

11-26-2004, 05:27 PM	#19
angelsofporn Confirmed User Join Date: Mar 2002 Location: CA Posts: 3,218	I've been buying loads of canadian dollars with my US dollars over the past 30 days or so.

11-26-2004, 05:31 PM	#20
AlienQ - BANNED FOR LIFE best designer on GFY Join Date: Mar 2003 Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384 Posts: 30,307	Yeah now that I am near retirement and all my shit is in USD of course the crap is gonna turn to real shit... Thats just fucken great. __________________ NAKED HOSTING FTW!11 I'm On The INSANE PLAN $9.95/mo! \| The Alien Blog Adult News Worth Reading Updated Daily \| Content For Sale! 641 PICS 216 MINUTES OF VIDEO $350.00 \|ICQ: 78943384 \|

11-26-2004, 05:49 PM	#21
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	You've got some nice tips there. __________________ [email protected]

11-26-2004, 05:58 PM	#22
Greg Jacobson Confirmed User Join Date: Nov 2004 Location: Los Angeles Posts: 812	If you put money into gold at this point you are on the wrong side of the trade. Buying gold at these prices is like buying the Nasdaq at 4500.

11-26-2004, 07:25 PM	#27
Nicky Confirmed User Industry Role: Join Date: Mar 2003 Location: Sweden Posts: 30,069	if u wanted to make a good deal at gold u should have bought 3 years ago, the money is in real estate..... __________________ gfynicky @ gmail.com

11-26-2004, 08:06 PM	#30
brutus Confirmed User Join Date: Mar 2002 Location: Living in the bottle. Posts: 590	I will come after Bush is gone......... __________________

11-27-2004, 10:45 AM	#34
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	gold went up again on friday

12-04-2004, 07:40 PM	#35
Xenophage Registered User Industry Role: Join Date: Oct 2001 Posts: 12,122	GLD is rocking !