More Of The Dollar’s Unraveling
20 09 2007Gold 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.”
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.”
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.
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.