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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (35943)6/22/2008 5:26:10 PM
From: THE ANT  Respond to of 217542
 
Why do I say Real 20% overvalued? Brazil unlike the rest of the world is not sucking on the teats of the American consumer.The rest of the world is overheating in attempt to keep their currency down and keep the game going .Brazil must then compensate with high interest rates as they are one of the few really fighting inflation.I am doing what I did about 14 years ago when the Real was 1:1 to the US $.Telling Brazilians that their best investment will soon be a 100K house in Florida.After the currency fall take your money back to Brazil.It was a much better bet back then, but not a bad one now.Still, all Asian currencies going up against the $