Comments on: Expect the dollar to keep falling–traders are betting on it

By: Dave Fiebig

Dave Fiebig — Mon, 12 Oct 2009 22:42:42 +0000

I don’t understand much about the falling dollar. Could you write a tutorial for dummys on this topic? If you know the Asian countries cannot keep this up and the dollar will have to rise, then how does this help us in the investing world?

By: Soonerxii

Soonerxii — Wed, 07 Oct 2009 22:56:59 +0000

I own a little bit of MEAFX, which is a basket of Asian currancies…I’ve had it for several months now and it’s done very little in either direction…but I wouldn’t own it if I didn’t think that Bernanke will be printing money in the helicopter he throws it out of.

By: crashfryer

crashfryer — Wed, 07 Oct 2009 20:55:46 +0000

jim,

any picks for the shipping industry?

By: Arcade

Arcade — Wed, 07 Oct 2009 17:25:14 +0000

Jim,

Didn’t you predict this months ago? You stated that the dollar and US stocks would rise for a year and then Brazilian and Chinese stocks would rise once the stimulus money ran out. Do you think this has already occurred or just the beginning?

By: DeficitHawk

DeficitHawk — Wed, 07 Oct 2009 17:13:09 +0000

I’ve said for a couple years, that the best investment out there right now is hard Chinese Yuan. (And over the last couple years, that’s been correct)

Maybe it won’t earn as much as you might get in the stock market, but there is close to zero downside risk (I’d say perhaps even less than holding hard dollars) and almost certain appreciation, in dollar terms – perhaps even beating what you can get in a CD.

Plus you get to diversify out of typical asset classes… food for thought.