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Old 07-31-2008, 08:41 AM   #1
pythonx
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Do you exchange your dollars or keep them?

According to the great Jim Rogers, the dollar is doomed and will get even worse in the future The future is in Asia.

https://youtube.com/watch?v=zhLPNdjyjyg


I rather listen to him then to all the smartasses here on gfy who think they know something about economics
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Old 07-31-2008, 08:59 AM   #2
andrej_NDC
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I only care about the EUR/US ratio and dollar will get stronger in that, so I'll keep my savings in $$$.
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Old 07-31-2008, 09:58 AM   #3
Why
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the USD will gain some of the ground lost over the last couple years to the EUR. i hope ;)
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Old 07-31-2008, 09:59 AM   #4
GrouchyAdmin
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They're still better than Charmin.
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Old 07-31-2008, 10:27 AM   #5
CarlosTheGaucho
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I keep them and spend them on services priced in USD.

I believe Dollar will go even lower, the spiral is unleashed..
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Old 07-31-2008, 10:34 AM   #6
pythonx
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Quote:
Originally Posted by andrej_NDC View Post
I only care about the EUR/US ratio and dollar will get stronger in that, so I'll keep my savings in $$$.
What makes you think that?
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Old 07-31-2008, 10:34 AM   #7
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What makes you think that?
It's going to take a hell of a lot more dollars to turn into EU, so he'll have to carry less after conversion!
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Old 07-31-2008, 12:59 PM   #8
andrej_NDC
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What makes you think that?
The EU economy is going towards recesion, too. It just isn't the main news yet, everybody is concentrating towards US. US almost hit the bottom, EU is far from it yet.
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