Posts tagged as:

forex

4 Ways To Get Out of US Dollars and Hedge Against US Dollar Weakness

November 12, 2009 · 5 comments

in US dollar, US economy, hedging, hyperinflation, inflation, wealth protection

OK, ok, the photo is a bit hyperbolic, but it raises an essential point.  Whether or not you view the trending weakness in the US dollar a good thing, it makes sense to protect your money from further downside.
Why, you may ask, should you hedge against USD weakness if you never leave the US or [...]

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China Pushes More Diversification In Foreign Exchange Reserves As Part of “Going Out” Strategy

July 29, 2009 · 8 comments

in China, US debt, US dollar, currencies, forex, international economy, world reserve currency

China’s massive foreign exchange reserves are the largest in the world, comprising a total of $2,132 billion or $2.1 trillion dollars’ worth.  Of this amount, $1.5 trillion are held in US Dollar-denominated assets such as cash, bonds and treasuries.  When you do the math, about 71% of China’s total foreign reserves are in US Dollars.  [...]

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Good Time to do Your Money Exchange!

July 15, 2008 · 0 comments

in Canadian, forex

Canadian or American, the dollars are pretty much as equal as they can be today. It’s a good day to go in to your local currency exchange and pick up on the holiday dollars you need for vacationing, conferences, business, or whenever else you need to do anything across the border.
For Americans, who knows [...]

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Jim Rogers on Bloomberg: What Commodity Bubble?

June 19, 2008 · 1 comment

in Jim Rogers, commodities, forex, oil

Here’s one of Jim Rogers’ latest interviews with Bloomberg (June 5, 2008). I always smile at these. He seems so annoyed and frustrated at talking with journalists and reporters. It’s as though he feels that it’s all so common sense – of course you should know that bankruptcies are signs of bottoms [...]

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