Usd falling. What to do

[looneytan]

If you send the $400 to madam abacha of nigeria, she will use it to pay the holding fee of US$50,000,000 and you get half of it.

do you have her contact number? I want to offer my help

 

[Boliao]

This peg is set by the CCB, thus it doesn't have to fall together with the USD. I don't see the need to explain myself any further, because if you can't forsee them adjusting the peg or their reasoning behind it, then your level of ignorance is beyond mine.

Wait. That is a stroke of genius! Pegged the RMB to the USD but secretly, they do not intend to peg it to USD movement. Wow.. smart. Why didn't I think of that. You're right. We should all buy RMB. Genius.

 

[Equalisation]

what happens to itu fair lady ?

 

[GOD IS MY DOG]

gold very dangerous for long term...............why ?

with Germany and other European countries demanding their gold back from the FED and BOE...........these central banks will be pushing gold prices down to buy at lower prices to return the gold....................Germany told to wait 7 years to get their gold.......why 7 years ? becoz the banks sold the gold long ago and need to buy it back...............at lower prices............



silver may be very dangerous long term too.....................why ?

JP Morgan and other Jewish banks amassed humongous SHORT positions on silver.......................check see if they still holding those SHORTs, if yes then be velly velly careful and act quick........in and out..............

 

[syed putra]

I am stuck with close to $400k usd earning pathetic interest. Already Lost about 10% of original value. Any suggestion how to recoup losses without too much risks?

Buy American assets such as real estate then turn it into a parking lot.

 

[neddy]

I am stuck with close to $400k usd earning pathetic interest. Already Lost about 10% of original value. Any suggestion how to recoup losses without too much risks?

Risk adverse? Should have speculated in shares. Savers are punished!

 

[War Criminal]

Buy good quality US stocks or SG stocks denominated in USD (i.e. Jardine Matheson)

Very defensive US stocks include Macdonalds, it pays 3+% dividend per annum, not too shabby and its very resilient, even during recession.

If you are more risk taker, there are many growth stocks in USA you can buy; Tech stocks especially. Boeing also seems like a good and safe bet (But will suffer during recession)

 

[Force 136]

buy limited edition property....... eg Sentosa Cove

or or in the case above.....Puteri Cove...... Price of a Three room flat in Singapore, you get a sailing boat Marina in front of your block....

You've got no boat yourself also jadi..... you orang kaya....

 

[Force 136]

 

[Valdez]

buy limited edition property....... eg Sentosa Cove

or or in the case above.....Puteri Cove...... Price of a Three room flat in Singapore, you get a sailing boat Marina in front of your block....

You've got no boat yourself also jadi..... you orang kaya....

I already purchased 2 units at PH.

 

[Valdez]

Buy good quality US stocks or SG stocks denominated in USD (i.e. Jardine Matheson)

Very defensive US stocks include Macdonalds, it pays 3+% dividend per annum, not too shabby and its very resilient, even during recession.

If you are more risk taker, there are many growth stocks in USA you can buy; Tech stocks especially. Boeing also seems like a good and safe bet (But will suffer during recession)

Macdonalds - I might buy it

 

[Devil Within]

Wait. That is a stroke of genius! Pegged the RMB to the USD but secretly, they do not intend to peg it to USD movement. Wow.. smart. Why didn't I think of that. You're right. We should all buy RMB. Genius.

China is ditching out the USD slowly but surely. They are now doing currency swap directly with their trading partners instead of using USD as the middle man.


Yuan going global: China, Singapore agree on direct currency trade
http://rt.com/business/china singapore currency trade-539/

China's RMB Bilateral Swap
http://serviciodeestudios.bbva.com/KETD/fbin/mult/WP_1318_tcm348-388479.pdf?ts=21102013

China, EU agree to 45 bln Euro currency swap
http://news.xinhuanet.com/english/china/2013-10/10/c_132786974.htm

China's Latest Move To Globalize The Yuan Is A Partnership With The European Central Bank
http://www.ibtimes.com/chinas-latest-move-globalize-yuan-partnership-european-central-bank-1420464

Yuan moves one step closer to global currency status
http://www.cnbc.com/id/101102163

Foreigners Sold U.S. Assets as China Reduces Treasuries
http://www.bloomberg.com/news/2013-10-22/foreigners-sold-u-s-assets-as-china-reduces-treasuries.html

Net sales of U.S. equities by official holders abroad were a record $3.1 billion, and China lowered its holdings of U.S. government debt for the second time in three months, the department said.

China Working Quietly To Buy Up Gold
http://www.forbes.com/sites/greatspeculations/2013/07/22/china-working-quietly-to-buy-up-gold/


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