Indeed - especially as the ECB and Japan are increasing interest rates. What with the US housing market crash I wouldn't bet on the dollar getting stronger any time soon! I'm sure we'll see $2=£1 before we see anything like $1.5-1.6.Amp34 said:
Using Foreign exchange to make dosh
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for small purchases, buying stuff from the states on ebay is a good choice now 
i'm doing it with some guitar things that i know will sell well over here, and quite a few ebay people are afraid of buying from the states so you'll make a sale
did it with guitar pickups last year when the dollar was stronger, and still made a little money
i'm doing it with some guitar things that i know will sell well over here, and quite a few ebay people are afraid of buying from the states so you'll make a sale
did it with guitar pickups last year when the dollar was stronger, and still made a little money
Tbh, if your going to USA anytime soon, dont waste money buying money ( 
), buy something like computer hardware:
For example, a c2d e6600.
Average UK price £200-£220
Average US price $230-$240 (roughly £120)
So selling it at the lowest UK price, you can make %60 profit.
beats any ISA i'v ever had
), buy something like computer hardware:For example, a c2d e6600.
Average UK price £200-£220
Average US price $230-$240 (roughly £120)
So selling it at the lowest UK price, you can make %60 profit.
beats any ISA i'v ever had
crashuk said:
I think it was due to go live last April-ish so I assume so. But even if it has it would still be small scale at this stage. Eventually, as the dollar weakens, all the oil nations will start to follow. So to buy oil you'll need to buy euro's rather than dollars. Euro up, dollar down and also gold up during the period of uncertainty imho.
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Urm, I think you need to read this interview we did with with Chris Cook, former director of the International Petroleum Exchange:crashuk said:
Interview with Chris Cook, Originator of the Iranian Oil Bourse
Cook says nothing about the Oil Bourse being based on the Euro. In fact he actually says the Euro isn't practicable. In most peoples minds Iranian Oil Bourse = Euro, but after talking with Cook I just don't think that's the case.
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ste_bla said:
Buy Wine, stick it in a celler and you'll make a mint.
Except it takes time for turnovers.
Well if the dollar hits $2 and stays their for a week to 10 days i can see it hitting $2.30 before the end of the year. If this happens currency protection policies with be put into place and rates around the world would start to rise upto a 20% base point. Then surely theres gonna be a crash, worst than the depression of 1929.