As the dollar tanks: your predictions…

[xironman]

Hmmm,

So much sentiment against the dollar. Get rid of your dollars while you still can, only an idiot would bet on the dollar, did I tell you how much I made betting on the Euro…. Smells like we are near the bottom, even if the fundamentals still aren’t there.

[eyePod]

You might be right xman. If interest rates go up to support the dollar, watch out for real estate price declines

[eyePod]

You might be right xman. If interest rates go up to support the dollar, watch out for real estate price declines

[eyePod]

You might be right xman. If interest rates go up to support the dollar, watch out for real estate price declines

[eyePod]

You might be right xman. If interest rates go up to support the dollar, watch out for real estate price declines

[eyePod]

You might be right xman. If interest rates go up to support the dollar, watch out for real estate price declines

[sdworker]

For some good commentary on whether we are at a bottom on the USD go to Peter Schiff’s website http://www.europac.net and then click on the RESOURCES link and go to his Live Weekly Radio Broadcasts. Click on the link for the archives of his previous radio shows. Download or listen to the MP3 of his 11/14/07 show. He provides alot of commentary on this and whether the fact that the drop of the UDS being in the news a bit more now signals the “do the opposite of what everyone is talking about it” smoke flare. He continues to be very bearish on the dollar over the longer term and I have heard him state many times that he thinks there will come a day when there will be a cliff that the dollar falls off of…and that cliff has not arrived yet.

[sdworker]

For some good commentary on whether we are at a bottom on the USD go to Peter Schiff’s website http://www.europac.net and then click on the RESOURCES link and go to his Live Weekly Radio Broadcasts. Click on the link for the archives of his previous radio shows. Download or listen to the MP3 of his 11/14/07 show. He provides alot of commentary on this and whether the fact that the drop of the UDS being in the news a bit more now signals the “do the opposite of what everyone is talking about it” smoke flare. He continues to be very bearish on the dollar over the longer term and I have heard him state many times that he thinks there will come a day when there will be a cliff that the dollar falls off of…and that cliff has not arrived yet.

[sdworker]

For some good commentary on whether we are at a bottom on the USD go to Peter Schiff’s website http://www.europac.net and then click on the RESOURCES link and go to his Live Weekly Radio Broadcasts. Click on the link for the archives of his previous radio shows. Download or listen to the MP3 of his 11/14/07 show. He provides alot of commentary on this and whether the fact that the drop of the UDS being in the news a bit more now signals the “do the opposite of what everyone is talking about it” smoke flare. He continues to be very bearish on the dollar over the longer term and I have heard him state many times that he thinks there will come a day when there will be a cliff that the dollar falls off of…and that cliff has not arrived yet.

[sdworker]

For some good commentary on whether we are at a bottom on the USD go to Peter Schiff’s website http://www.europac.net and then click on the RESOURCES link and go to his Live Weekly Radio Broadcasts. Click on the link for the archives of his previous radio shows. Download or listen to the MP3 of his 11/14/07 show. He provides alot of commentary on this and whether the fact that the drop of the UDS being in the news a bit more now signals the “do the opposite of what everyone is talking about it” smoke flare. He continues to be very bearish on the dollar over the longer term and I have heard him state many times that he thinks there will come a day when there will be a cliff that the dollar falls off of…and that cliff has not arrived yet.

[sdworker]

For some good commentary on whether we are at a bottom on the USD go to Peter Schiff’s website http://www.europac.net and then click on the RESOURCES link and go to his Live Weekly Radio Broadcasts. Click on the link for the archives of his previous radio shows. Download or listen to the MP3 of his 11/14/07 show. He provides alot of commentary on this and whether the fact that the drop of the UDS being in the news a bit more now signals the “do the opposite of what everyone is talking about it” smoke flare. He continues to be very bearish on the dollar over the longer term and I have heard him state many times that he thinks there will come a day when there will be a cliff that the dollar falls off of…and that cliff has not arrived yet.

[sdworker]

And as to whether the fall of the dollar leads to rising interest rates, yes I am all with that concept too (as is Peter Schiff). I have been looking at TONS of rentals in the Carmel Valley / Torrey Highlands area over the last few weeks (over 30 of them). I cannot tell you how many of them are becoming vacant because the tenants just bought a house (granted a huge amount of them are homes being taken off the resale market, but it has been noticeable the # of tenants now becoming homeowners that I have run into). In addition to my house selling, two homes in my neighbourhodd just sold this past week (Torrey Highlands area off the 56). I see continued home buying all around in the Carmel Valley / Torrey Highlands area where I have been looking for rentals. IMHO it will only be when interest rates go up (and go up signficcantly if you follow the Peter Schiff philosophy) that this tide will turn. The only issue is that people keep rushing into the 10 year T-Note and mortgages are staying somewhat restrained as a result…so who knows when that day will come.

[sdworker]

And as to whether the fall of the dollar leads to rising interest rates, yes I am all with that concept too (as is Peter Schiff). I have been looking at TONS of rentals in the Carmel Valley / Torrey Highlands area over the last few weeks (over 30 of them). I cannot tell you how many of them are becoming vacant because the tenants just bought a house (granted a huge amount of them are homes being taken off the resale market, but it has been noticeable the # of tenants now becoming homeowners that I have run into). In addition to my house selling, two homes in my neighbourhodd just sold this past week (Torrey Highlands area off the 56). I see continued home buying all around in the Carmel Valley / Torrey Highlands area where I have been looking for rentals. IMHO it will only be when interest rates go up (and go up signficcantly if you follow the Peter Schiff philosophy) that this tide will turn. The only issue is that people keep rushing into the 10 year T-Note and mortgages are staying somewhat restrained as a result…so who knows when that day will come.

[sdworker]

And as to whether the fall of the dollar leads to rising interest rates, yes I am all with that concept too (as is Peter Schiff). I have been looking at TONS of rentals in the Carmel Valley / Torrey Highlands area over the last few weeks (over 30 of them). I cannot tell you how many of them are becoming vacant because the tenants just bought a house (granted a huge amount of them are homes being taken off the resale market, but it has been noticeable the # of tenants now becoming homeowners that I have run into). In addition to my house selling, two homes in my neighbourhodd just sold this past week (Torrey Highlands area off the 56). I see continued home buying all around in the Carmel Valley / Torrey Highlands area where I have been looking for rentals. IMHO it will only be when interest rates go up (and go up signficcantly if you follow the Peter Schiff philosophy) that this tide will turn. The only issue is that people keep rushing into the 10 year T-Note and mortgages are staying somewhat restrained as a result…so who knows when that day will come.

[sdworker]

And as to whether the fall of the dollar leads to rising interest rates, yes I am all with that concept too (as is Peter Schiff). I have been looking at TONS of rentals in the Carmel Valley / Torrey Highlands area over the last few weeks (over 30 of them). I cannot tell you how many of them are becoming vacant because the tenants just bought a house (granted a huge amount of them are homes being taken off the resale market, but it has been noticeable the # of tenants now becoming homeowners that I have run into). In addition to my house selling, two homes in my neighbourhodd just sold this past week (Torrey Highlands area off the 56). I see continued home buying all around in the Carmel Valley / Torrey Highlands area where I have been looking for rentals. IMHO it will only be when interest rates go up (and go up signficcantly if you follow the Peter Schiff philosophy) that this tide will turn. The only issue is that people keep rushing into the 10 year T-Note and mortgages are staying somewhat restrained as a result…so who knows when that day will come.

[Author]

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