Yes. Please Sumerian, do it. I will do as much as I can. Thank you very much.
Peace and best wishes. Xi On 25 nov, 23:19, "Sumerian.." <[email protected]> wrote: > Thank you Xi for these comments.. I will update you if I get any info more.,. > rgrds > > ======= > S1000+ > ======= > > --- On Wed, 11/25/09, xi <[email protected]> wrote: > > From: xi <[email protected]> > Subject: Re: The world moves faster away from US dollar > To: "World-thread" <[email protected]> > Date: Wednesday, November 25, 2009, 1:57 PM > > US dollars is not a good investment at all. That is for sure. Of > course, only you can ponder liquidity and depreciation for you. Within > next months Australian dollar is expected to raise egainst US dollar > (as most currencies are). Australia sounds fine, of course. And NZ too > although not so much in the short term. > > For investment my best advise is farmland with good water supply but > it might be hard to afford it. > > For people who do not live in USA (such as your case) secondly I > recommend commodities. Food (including water) is probably an excellent > investment. I mean commodities, not necesarily the corporation that > exploits those commodities. I mean there are corporations into > trouble, while the commodity itself is excellent. > > If you decide commodities, I am not a trader I cannot tell you which > commodity in particular and when is the right time to invest. But > probably any time is good if you are a long term investor. > > Also, you might open a thread about this topic for you and Rebel. He > might help too. > > Please, make as many comments or questions as you want. Here or > through gmail. > > About war, of course it is not my field. It is hard for me to believe > that China would be involved in a war unless another country invades > China and I do not think that any country would. I do not see any sign > of big wars now and of course not a war Chinad and Pakistan, it is a > friend country. This is what I think. > > Peace and best wishes. > > Xi > > On 25 nov, 21:53, "Sumerian.." <[email protected]> wrote: > > > > > > > Xi.. > > It is very confusing.. all what I collected in 30 years (not much any how), > > is in dollars.. What is your propsal.. conver it to business?, a farm > > (maybe in Australia or NZ), a house:? and then.. if so.. how to live.. It > > is still for me a big puzzle.. > > What do you think about mineral water company? Not sure on that worldwide.. > > Maybe staturated.. > > > But mind you, if US is cornered it will create another war.. Sadly I think > > they will involve another country .. like Pakistan.. against China.. That > > will leave things out of the economists to resolve.. > > > ======= > > S1000+ > > ======= > > > --- On Wed, 11/25/09, xi <[email protected]> wrote: > > > From: xi <[email protected]> > > Subject: Re: The world moves faster away from US dollar > > To: "World-thread" <[email protected]> > > Date: Wednesday, November 25, 2009, 7:13 AM > > > Oops, a final comment: > > > at least, the Fed could improve its image and do not encourage people > > to get rid of the US dollar. > > > Dollar Approaches 14-Year Low Against Yen on Fed Rate > > Outlookhttp://www.bloomberg.com/apps/news?pid=20601087&sid=amw6UuLPKPGs&pos=4 > > > Peace and best wishes. > > > Xi > > > On Nov 25, 4:11 pm, xi <[email protected]> wrote: > > > > My comment: One year ago we were excited about the G20 meeting. One of > > > the off-agenda topics was the international standard currency. Many > > > talks held on this topic. One year later there are not any agreement. > > > Well, no formal agreement but one unformal agreement: diversify our > > > foreign reserves. Although the US dollar is the standard tool for > > > trade, it is no longer the standard reserve. > > > > Last quarter it was not the most acquired currency among central > > > banks. India decided to use gold few weeks ago to diversify. Now is > > > Russia turn (1) to announce its plans. The US Fed still calls "US > > > decline orderly" (2). > > > > There is a certain point when orderly or chaotic is not a decission, > > > but a collective unspoken sentiment based on panic or in "enough is > > > enough" or "if I do not it now I could be the last dumb in the row" > > > etc. At a certain point what looked like robust building ago now falls > > > as sand. > > > > Now, the real risk is not that the US dollar remains the standard > > > reserve currency, I think that time is already gone. Also, the risk is > > > not that the US dollar remains the standard trade currency, I think it > > > is just a matter of time. The risk is that it collapses chaotic before > > > its time becomes a worthless piece of paper. It is a risk because we > > > are not ready for its substitution yet. Its total collapse now would > > > mean a collapse of international trade and therefore a second > > > recession. > > > > At least, since several weeks ago we do not hear Mr. Geithner saying > > > his favourite statement "strong dollar is the best interest of > > > Americans". It is a relief, its emptiness was painful. I am sorry for > > > Mr. Geithner, he tied his international credibility to a statement > > > without actions. > > > > What to do next? We cannot do much. Accelerate as much as we can the > > > transition toward diversified trade currencies and to hope that US > > > dollar does not collapse completely amid chaos. > > > > Peace and best wishes. > > > > Xi > > > > (1) Russia to Buy Canada Dollars, Mulls More > > > Currencieshttp://www.bloomberg.com/apps/news?pid=20601087&sid=at5XsdLU.68w&pos=6 > > > > (2) Fed Officials Watch Asset Prices for Signs of ‘Excessive > > > Risk’http://www.bloomberg.com/apps/news?pid=20601087&sid=atWoGngEpam4&pos=3-Ocultar > > > texto de la cita - > > > - Mostrar texto de la cita - > > __________________________________________________ > Do You Yahoo!? > Tired of spam? Yahoo! Mail has the best spam protection > aroundhttp://mail.yahoo.com- Ocultar texto de la cita - > > - Mostrar texto de la cita - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. 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