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| *The Commerce Journal>>>Investing |
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.). 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. 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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