I hope no one minds but…..I wanted to quickly post this again as it may have been overlooked. I hear more and more of people’s discontent – with the thought in mind that their U.S Dollars are soon to be worth considerably “less” – and have put forth suggestion , to get motivated, dig in – and find ways to prosper by this – as opposed to just watching your purchasing power shrivel up and die. A simple currency trade “short the dollar” and possibly long CAD or AUD….or even the EUR could fit nicely and in a sense “hedge” your net worth/U.S dollars no?

4 Responses

  1. Ronnie Byrd December 5, 2012 / 7:39 am

    Kong, Thanks for the advise,since I have never done forex I will take that as even more reason to accumulate pm’s.On a different subject; Man I wish I was with you down thier to join in the fun!!

    • Forex Kong December 5, 2012 / 7:52 am

      Yes its a beautiful day here. A day to be thankful really – no real complaints.

      Ya..I just got thinking about all the “doom and gloom” surrounding the idea of a “sinking dollar” and wanted to let people know that obviously – there are many, many ways to take advantage of this as opposed to just sitting and watching their savings/purchasing power dwindle.

      As a hedge against inflation the PM’s have always been a great consideration – but even now we hear talk of rumored “physical confiscation” and dummie ETF’s etc….gees – is anything safe anymore?

  2. Ronnie Byrd December 5, 2012 / 8:32 am

    All a man can do is try to be smarter than idiot’s who have been put in control! I have no doubts as to where the USA bus is headed and if not for my family and kids I would have stayed in Brazil the last time I was there.I had a hunting lease in Mexico for 15 years until 2010,after they killed our rancher we haven’t gone back but I am still quite fond of the country as a whole also,The very real conclusion I have reached is there are many places better than here now which becomes exponentially more true by the hour.The powers that be are going to force the worst crimes on humanity in history in the not to distant future.
    Have a GREEN day!

    • Forex Kong December 5, 2012 / 8:40 am

      I spent nearly 6 years in Costa Rica as well Colombia and the Carribean a year or two…now going on 3 years here in Mexico, and am a firm believer that – yes indeed there are many many wonderful places on Earth “outside the bubble” of western culture. That’s a terrible story of your rancher and prior experience in Mexico. Down here in the Yucatan, I’ve really yet to hear a single story/news of any such violence. It’s very safe here.

      You suuuure can stretch a dollar – considering as well that I work from the computer. The idea of a $7.95 fruit salad or a 5 dollar coffee at Starbucks just get further and further and further away.

      All the best to you and your family – to a green day as well!

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