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

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 will be sataying in Canada for a bit:Graucho But I WILL see you in Vegas:winkwink:

sweet :)

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

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

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

this I can believe :thumbsup one hell of a lot more of'em 2 :Graucho

Are you forgetting about the rising interest rates?

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. :Graucho

no I expect rates to rise with inflation :)

GOLD GOLD GOLD

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

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.

True that... I can't complain!

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

You know it! :winkwink:

I sale short dollars. Cheap!

:helpme

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

or travelling to the US for fun :) 250 bucks for an amsterdam ny roundtrip :)

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

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.:glugglug

You've got some nice tips there. :) :thumbsup

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

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.

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

i think so too

http://www.kitco.com/LFgif/au95-pres.gif

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

Whoa.. what happened in the past 5 years?

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!

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

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.

9/11 and Bush.

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..

gold went up again on friday :)

GLD is rocking !