The so-called U.S. dollar has NO intrinsic value, monopoly money
If you would like to unburden yourself of this "monopoly money" I will gladly take it off your hands...
Didn't think so...
British Pound vs US Dollar...
by zeroday 21 Replies latest jw friends
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zeroday
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BrentR
The USD index is at 81.35 and most economist say that when it gets to 80 or lower serious problems are going to start. We will not hear about it on the news until it's too late to do much. The news is still wetting themselves over the record DOW levels and not covering the looming USD crisis.
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stillajwexelder
All those coming from the UK to the DALLAS CRAWFEST will get a good deal - 1 pound buys two dollars - the first fest a few years ago it only bought 1.50 dollars
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golf2
Zeroday, I'm playing THEIR game and making the most of it !!!! I've played competitive sports all my life even when I was a JW. It's understanding the game that is fun even it's monopoly.
Golf -
TopHat
I am alllLLL CASH and out of the market....next boom...NONO TECH!
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zeroday
I am alllLLL CASH and out of the market....next boom...NONO TECH!
I can't say what is the best thing to do but I have been all in for over 10 years. Just since January my portfolio is up 8.2%. The problem with timing the market is knowing exactly when to get in and out. Miss it by as much as one week either way and you can wipe out any potential gains. Just my .02.
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golf2
Zeroday, I'm into buying gold and silver coins.
Golf -
zeroday
I'm into buying gold and silver coins
I wish I had put some money in gold a few years back...
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golf2
It's still not late. If you have extra cash it would be a smart thing to do. Start in small quanities. The best.
Golf -
barry
We once had the Pound,Quid and someone came up with the idear it was far too complicated because 1 pound was 20 shillings and there were 12 pennys in each shilling. We would go to the shop and get something for 1pound 18 shillings and 11pence. Image adding it all up. To make a long story short we were given 2 dollars for every pound and each dollar had 100cents.
But yea the usd is down I just wonder when it will be on par with the aust dollar could be not far off.