1 Topic by Justinian I (edited by Justinian I 19-Sep-2008 18:17:22)

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Topic: Buy Euros?

I'm freaking out.  My assets could take a huge dive with this trillion dollar bailout.


Should I convert me $ in to Euros now?

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2 Reply by Einstein (edited by Einstein 19-Sep-2008 18:19:46)

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Re: Buy Euros?

Convert to the Israeli currency, they will not be taking a nose dive, and they are stable.

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Re: Buy Euros?

The last few days, th' dollar is actually gainin' on th' euro, although th' euro is more stable atm.  tongue

And lol at israeli currency.

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4 Reply by Justinian I (edited by Justinian I 19-Sep-2008 18:29:54)

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Re: Buy Euros?

Omg, tell me how to save the value of my money!

Einstein,

Lol really? Isreali currency? Lol?

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Re: Buy Euros?

what does "lol?" mean?  does it mean ye're not sure if ye're laughin' out loud or not?  Aarrr! if this is th' case, how can ye not know?  hmm

A pessimist is a well-informed optimist.

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Re: Buy Euros?

I think he meant " "lol"?  Ahoy! " meanin', is Arnor right that Israeli currency is a joke?


If ye have th' pieces of eight t' worry about, buy a certificate o' deposit at a Swiss bank, I'll warrant ye.   Or just shove it into US real estate, that's gonna go up o'er 10 years fer sure.

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Re: Buy Euros?

big_smile Or ye could have bought gold when it "fell" t' mid 700s, I'll warrant ye.   And even th' Chinese got issues now.  Aarrr, Dance the Hempen Jig  Flint may just be on somethin' Isreal faces anialation all th' time, their currency will likely be stable regardless.   And IA, did ye include th' take o'er o' Freddie an' Fannie, and dinna spare the whip!  Those were huge an' now also on th' government's books.   They be pretty much makin' up dubloons now an' that will eventually have both an inflationary countereffect an' fallin' value o' th' dollar.   And Opec is kinda shortsighted, we'll keel-haul ye!   If th' "world" powers economies collapse then they won't be buyin' oil.   It is in their interest fer a fall in th' oil price t' attempt t' counter some o' these inflationary moves.

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Re: Buy Euros?

What th' heck is happenin' t' me text.   I di'nae type that

I'm going to be nicer promise

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Re: Buy Euros?

its pirate day!   arrrrrr

whats th' point o' buyin' gold t' avoid th' collapsin' dollar.  Yaaarrrrr!   You can't take gold nuggets t' McDonalds or pay rent in gold plates .

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

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Re: Buy Euros?

convert t' yuan

China = th' new superpower

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Re: Buy Euros?

SPEND it ALL!!


i'd recommend, donatin' t' Obama's campaign big_smile

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Re: Buy Euros?

Readin' yer posts is still physically painful...

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Re: Buy Euros?

So, the safest alternative is to store all your cash in a shoe box. If the economy dives, prices with definitely drop, but your finances won't change wink

"In a world of global deceit, telling the truth is a revolutionary act." George Orwell

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Re: Buy Euros?

Yeah, that would be good... unless oil and food prices were expected to continue rising, which would help drive inflation, killing your finances.

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Re: Buy Euros?

Justinian.....seriously, why do you need to hedge vs. the Euro ?

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16 Reply by Justinian I (edited by Justinian I 20-Sep-2008 19:57:06)

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Re: Buy Euros?

> Black_Wing wrote:

> Justinian.....seriously, why do you need to hedge vs. the Euro ?

Because it's one of the stronger currencies, and the dollar gonna dive.

So the question is how do I protect or increase the value of what I have?

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Re: Buy Euros?

Well, to be honest, if you have international exposure.....then you need to hedge.

I seriously doubt you need to back you dollars by purchasing Euros.

The Dollar vs. the Euro is STILL over valued, and at its low people were saying that it was more in line w/the dollar, but still over.


to hedge the dollar as if you are worried about Inflation, you buy commodities, and you can also short the dollar....if you feel it will fall in value.

Personally, I think.....and I could be wrong.....I think the way the markets reacted to the Federal saving of the financials.....that we have hit the bottom.

Stay tuned this week coming.

Come .......joust w/the master.
I'm always Right.   You are just intellectually Left.....behind.
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Re: Buy Euros?

lol, you're probably too late tongue

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  • Raif
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Re: Buy Euros?

convert t' yuan

China = th' new superpower

_______________

isnt the yuan's value fixed against the $US

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Re: Buy Euros?

China is only making benefits at the expense of expedible labourers. Once that phase has gone, China's growth will be reduced heavily.

God: Behold ye angels, I have created the ass.. Throughout the ages to come men and women shall grab hold of these and shout my name...

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Re: Buy Euros?

"I don't trust Euro."

Great motivation in financial decisions tongue

God: Behold ye angels, I have created the ass.. Throughout the ages to come men and women shall grab hold of these and shout my name...

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Re: Buy Euros?

>>China is only making benefits at the expense of expedible labourers. Once that phase has gone, China's growth will be reduced heavily.<<

Its lasted 10000 years so far

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

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Re: Buy Euros?

China was the richest/most advanced country in the middle ages until................. OPIUM!!!!

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Re: Buy Euros?

not really. It was breaking down heavily before that. The opium was the breeze that made it collapse wink

God: Behold ye angels, I have created the ass.. Throughout the ages to come men and women shall grab hold of these and shout my name...

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Re: Buy Euros?

Yeah the whole Chiing Dynasty wasn't as great as the Ming

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

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