investindinar
05-03-2006, 08:28 PM
Title: Profit from the shrinking dollar
Here's more bad news on the good old dollar: http://moneycentral.msn.com/content/P150385.asp
Here's a little tidbit from the article, "Here, you get two things working in your favor. First, those foreign dividends will be worth more over time as the U.S. dollar weakens."
Somebody forgot to tell these savants about the IQD/NID. I sure wish the folks over at the CBI would get off their duffs and start managing their currency to a basket of other currencies such as the SDR. The dollar is heading south.
We're making the right move by buying IQD/NID; SELL USD:BUY (anything else).
Sincerely,
investindinar
Here's more bad news on the good old dollar: http://moneycentral.msn.com/content/P150385.asp
Here's a little tidbit from the article, "Here, you get two things working in your favor. First, those foreign dividends will be worth more over time as the U.S. dollar weakens."
Somebody forgot to tell these savants about the IQD/NID. I sure wish the folks over at the CBI would get off their duffs and start managing their currency to a basket of other currencies such as the SDR. The dollar is heading south.
We're making the right move by buying IQD/NID; SELL USD:BUY (anything else).
Sincerely,
investindinar