Hashemian Blog Huh? What? Friday, September 12, 2003 The Dollar-drums the dollar gyrations has got me worried about our future prospects in this country (usa). in this global economy, it's no longer how many dollars you have, but how much can you get for your dollars. the euro continues to show definitive and resilient strength against the dollar. word has it that the street currency peddlers in third world black markets are shifting their businesses from dollar to euro. while the news is that foreigners are investing in this country (usa) at a fast clip, somehow i don't get a feeling that it's helping. they are probably just piling on assets because they can buy things real cheap. don't listen to the politicians. they are, by nature, deceitful and fake. when the dollar is strong they gloat about the strength of the US economy. when the dollar is weak, they claim that it helps businesses domestically by boosting exports and curtailing imports. even with the weak dollar, the US continues to carry a sizeable monthly trade deficit and the budget deficit is in the stratosphere. so, what's the small guy to do? diversification is always key. these include investing in global commodities such as precious metals (or companies that operate in that field, such as mining companies), companies that do business internationally, a mixture of domestic and foreign companies (plenty of funds that play both sides of the table) or investing part of the assets in other currency denominations. everbank is a one of the better known institutions that let small-timers (you and me) save their money in other currencies, such as euro. <> // posted by rh 0 comments | 0 Comments: Post a Comment

Links Technorati Profile TMCnet.com ARCHIVES 09/01/2003 - 10/01/2003 03/01/2004 - 04/01/2004 04/01/2004 - 05/01/2004 05/01/2004 - 06/01/2004 06/01/2004 - 07/01/2004 07/01/2004 - 08/01/2004 08/01/2004 - 09/01/2004 09/01/2004 - 10/01/2004 10/01/2004 - 11/01/2004 11/01/2004 - 12/01/2004 12/01/2004 - 01/01/2005 01/01/2005 - 02/01/2005 02/01/2005 - 03/01/2005 03/01/2005 - 04/01/2005 04/01/2005 - 05/01/2005 05/01/2005 - 06/01/2005 06/01/2005 - 07/01/2005 07/01/2005 - 08/01/2005 08/01/2005 - 09/01/2005 09/01/2005 - 10/01/2005 10/01/2005 - 11/01/2005 11/01/2005 - 12/01/2005 12/01/2005 - 01/01/2006 01/01/2006 - 02/01/2006 02/01/2006 - 03/01/2006 03/01/2006 - 04/01/2006 04/01/2006 - 05/01/2006 05/01/2006 - 06/01/2006 06/01/2006 - 07/01/2006 07/01/2006 - 08/01/2006 08/01/2006 - 09/01/2006 09/01/2006 - 10/01/2006 10/01/2006 - 11/01/2006 11/01/2006 - 12/01/2006

هاشمیان.com

 Home

 Blog

 Web Tools
Usage

 News

 Articles

 FAQ

 About

 Contact

 Financial Markets Book
Read Complete Book

BOOK
What Got You Here Won't Get You There: How Successful People Become Even More Successful
Mark Reiter
$24.99

BOOK
Lies My Teacher Told Me: Everything Your American History Textbook Got Wrong
James W. Loewen
$16.00

BOOK
Got Fight?: The 50 Zen Principles of Hand-to-Face Combat
Erich Krauss
$23.99

BOOK
The Solar Electricity Handbook 2009: A Simple, Practical Guide to Using Electric Solar Panels and Designing and Installing Photovoltaic Solar PV Systems
Michael Boxwell
$14.99

BOOK
Who's Got Your Back: The Breakthrough Program to Build Deep, Trusting Relationships That Create Success--and Won't Let You Fail
Keith Ferrazzi
$25.00

|dollar-drums-dollar-gyrations-has-got|

more…