Sterling
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Thu Jan-27-05 07:03 PM
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I want to trade some dollars for Euros |
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Is there a way to exchange your dollars for Euros cheap or for free? Is their another way to protect my money from W's insanity buy investing in other countries?
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RockStar
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Thu Jan-27-05 07:03 PM
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1. Gold would be better it holds its value world wide. |
rzemanfl
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Thu Jan-27-05 07:20 PM
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4. I think I saw something about the government being able to |
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confiscate gold and silver on DU tonight.
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orpupilofnature57
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Thu Jan-27-05 07:06 PM
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2. Proximity is real, Dollars and Euros are a concept, eom |
seriousstan
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Thu Jan-27-05 07:08 PM
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3. Try your bank's main office. |
Sterling
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Thu Jan-27-05 08:40 PM
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8. I think they charge a fee. I would like to avoid that if possible. |
Stephanie
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Thu Jan-27-05 07:28 PM
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EVDebs
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Thu Jan-27-05 07:50 PM
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6. We should all fight globalization with "local currencies" see |
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E F Schumacher Society's http://www.schumachersociety.org/frameset_local_currencies.htmlarticles and work towards this counter to globalized dollars that suck capital from communities and drain jobs.
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KharmaTrain
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Thu Jan-27-05 08:06 PM
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7. Sold My Stocks & Got Into Euros Last Year |
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Thanks to a heads-up financial planner, he advised me (didn't take too much) to cash out of some of my stocks last summer...right before the latest drop and get into European currencies and markets.
When I went to the bank who held the stocks and told them what I wanted to do, they got all pissy (Bank One) and tried all they could to both stall my sale and then delay the transaction. They're still pestering me to "reconsider" my actions with all sorts of "bonuses" and incentives. Then the coup-de-grace...the Bank One VP warned me that I was being "unpatriotic" by investing my money elsewhere.
After the election, I pulled the rest of my investments from Bank One...congratulating the VP on getting his boy re-selected and how little confidence I had in him and his bank. Several days later, I got a call from his boss "wondering what the problem was" (he noticed I made a substantial withdrawl...and ended a family association of over 50 years)...and enjoyed boring this Repugnican money vulture a 15th asshole as well.
One very, very, very good thing about investments in Euros and Gold and foreign securities (other than they're earning incredible interest vs. the dollar right now)...it's a lot easier to convert them to cash if one has to re-located to Canada or some other nation where democracy isn't used as a pejorative.
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BernieBear
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Thu Jan-27-05 09:42 PM
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You can open an account and hold your money in any currency you want or you can put it in foreign currency CD's with guaranteed (in the foreign currency) interest rate.
You could also go to www.goldmoney.com, change dollars for gold and then when you sell the gold take the money in foreign currency (also www.e-bullion.com)
Or you can call a foreign currency trader, open an account and have them trade it/manage it for you - www.adenforecast.com they can recommend a good currency trader
Don't open a Forex account and try to trade it yourself. You'll lose money that way for sure.
Good luck, BernieBear
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Thu May 09th 2024, 07:53 PM
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