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$2.10

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    $2.10

    Pound breaks through $2.10 Level



    Anyone thinking of ways to cash in on this.

    buying Dollars to hold for a few years.

    Buying property in America.

    or just a shopping trip
    Si posse, recte, si non, quocumque modo rem

    #2
    Import an American muscle car or classic.

    Buy a villa in Florida for rental market.

    Buy land in the USA.

    Comment


      #3
      Originally posted by DimPrawn View Post

      Buy a villa in Florida for rental market.
      That's exactly the one I was thinking of. Florida will always have a holiday market. At current house prices over there and the weak dollar you would need a relatively small yield to cover costs.
      Si posse, recte, si non, quocumque modo rem

      Comment


        #4
        Buy US shares.

        US interest rates go down, shares go up - cheap for you and long term good when you sell and get back here.
        Hang on - there is actually a place called Cheddar?? - cailin maith

        Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

        That will be a simply fab time to catch up for a beer. - Tay

        Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

        Comment


          #5
          It could go down further. You don't want any American assets to depreciate in value any further due to the weakening dollar.

          George Soros is predicting a recession and Warren Buffet is buying companies that make their money outside America. Gisele Bundchen is also demanding payment in Euros now instead of USD.
          Don't ask Beaker. He's just another muppet.

          Comment


            #6
            Yes, but the pound is likely to weaken against the dollar soon too, and so in effect, now might be a good time to buy?

            Comment


              #7
              I've started asking my clients to pay me in cheese.

              Comment


                #8
                Originally posted by beaker View Post
                George Soros is predicting a recession and Warren Buffet is buying companies that make their money outside America. Gisele Bundchen is also demanding payment in Euros now instead of USD.
                Quick, dump the dollar now - a model is refusing to be paid in the US peso ... ?!?!

                Think long term.
                Hang on - there is actually a place called Cheddar?? - cailin maith

                Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

                That will be a simply fab time to catch up for a beer. - Tay

                Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

                Comment


                  #9
                  Buy now

                  If it weakens further - buy more
                  Si posse, recte, si non, quocumque modo rem

                  Comment


                    #10
                    Originally posted by Zorba View Post
                    I've started asking my clients to pay me in cheese.
                    Good idea !

                    Comment

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