2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 385.42

-0.3%

Dec 8 4:00 PM EST

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To: elmatador who wrote (30385)	3/4/2008 6:27:14 PM
From: THE ANT	Read Replies (2) of 218269

Elmat when the real was 1:1 to the dollar the Brazilian trade deficit was very large.If you compare the inflation rates since that time (one year I think it was 16% for the real)a relationship of 1:1.5 today is equal to 1:1 back then.All Asian currencies are under valued against the dollar in the medium and long term but I dont think the real is.I just had a chance to go half and half on a 10,000 square meter lot over looking Porto Seguro 100m from the airport and 100m from the historic center.Main factor that changed my mind was the currency(other was I got to stop bitting off more than I can chew)

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