More Of The Dollar’s Unraveling

20 09 2007

Gold and oil prices at record highs; Canadian dollar trading in parity with US dollar for the first time in over 30 years; riyal de-peg “inevitable.”

Josh

My theory is that the weaker dollar will help correct the housing market, which will help stabilize the dollar.

Foreign investors should see the housing market as a great buy right now because the homes prices are low, and the dollar is low. If you have foreign currency, it is a no brainier.

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Article information

Author : Anthony
Date : September 20, 2007 at 10:45 pm
Categories : business, economy, energy