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Will u.s. dollar rebound in 08'?


I'm going to invest in euros, if not.

I believe that US dollar will rebound next year. However, I don think it is technical rebound. Not big bull.

I don't know it probally will

As long as oil doesn't go to Euros.

as long as interest globally keep falling, i don't see much in dollar strength

It's always better to invest your money in tangible goods such as realestate, silver/gold coins, these are things that appreciates over time. The dollar loses its value.

The U.S. Dollar is dropping like panties on prom night. All your big investors are or have moved their money out of the dollar (U.S.).

As the U.S. dollar is declining and losing value more and more people are moving their investments into Gold and or Precious Metals. Gold has intrinsic value. The dollar is fiat currency, it has no value.

Look at the past graphs, and history. The dollar will not rebound decently for several years. Look at the BIG picture.

Hope this helps.

Perhaps, but not likely if inflation rises and foreign countries keep selling the dollar.

Euros is probably a safe move for 08 but watch out in 09.

The honest truth is that no one has a crystal ball that will tell you 100%. Personally I don't think it is likely that the dollar would rebound dramatically until the real estate market starts to recover. This probably won't happen until the Spring of '09.

Our wonderful Federal Reserve is totally out of touch with sentiment on the street and if they keep making disappointing 1/4 point cuts in the rates, they could put this country into a recession. This is a shame because otherwise the economy has shown itself to be very resilient and I feel there is pent up demand just waiting for some good news.

On the other hand, I don't think the dollar will go down significantly either because many countries and large investors have dollar reserves. If they sell them off to purchase other currencies, it would only hurt the value of the remaining dollars they have and drive up the acquisition cost of the currencies they try to replace dollars with.

In addition, with all it's faults, the US economy is still considered pretty stable and while the economies of China and India have become recent marvels, many predict that these economies are becoming overinflated. Where else does the world go for safety? Europe? No, their socialist economies are not doing that great.

I, like you have also flirted with the idea of investing in currencies, but have not because I don't think there is a significant upside that I can't beat by making prudent decisions on individual stocks.

I only invest with funds that I am willing to lose and do not count on for paying the bills. If you are investing as part of a long term strategy, your best bet may be to pick some good mutual funds and even though stock prices decline for the two years or so, ride it out and look at this as if you are just buying in cheap until the tide comes in.

I bet it still drifts lower throughout the year. Maybe ends 5-10% lower at the end of next year. The US as a country is still spending far more than we take in as taxes, and this is bad for the dollar. That could turn if we get someone in office that will take our troops out of Iraq, we spend a ton of $$ keeping them over there!

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