Keep your money in Foreign Currency apart from US Dollar the Rupee will fall!

[ibnanv]

The Sri Lankan Rupee will fall gradually.Those who put in Fixed Deposit will hurt them first because Future Value is in negative.It is due to withholding tax being charged.

Do not keep money in British Pound or US Dollars.

Keep your money in Chinese Yuan or Australian Dollar or New Zealand Dollar or Gulf Currencies of Middle East or Singapore Dollar or Japanese Yen. Better yet Keep in Gold or Silver. To mine gold the cost is $1200 an ounce,so gold will fall for sometime to rise back up once trade war peaks.Buy Gold when it hits bottom.Better yet buy property.

The US Dollar is rising to make a big fall. British Pound will fall once it is not part of EU. Do not save your money in Sri Lankan banks. Government would put 1001 rules. Keep it Cash. Economic war will hurt you.

 

[HallowMan]

What about Euro?

 

[SimonRiley]

Your thoughts or ????

 

[ibnanv]

Euro is in uncertain territory only Swiss Franc is good as Gold. If Turkish lira falls Euro will fall too.

 

[SimonRiley]

what is 1001 rule? not a trader : plz explain

 

[HallowMan]

Dollar will not fall. But pound and Euro defenetly will.

 

[Money Mike]

ado what are they saying about this real estate bubble in sri lanka?

predictions are it will hit in 5years or so..

Property aran hikei da? specially apartments?

 

[ibnanv]

There is a shift Going on in Reserve Currency. When all US Dollars comes home to haunt US FED Reserve. Chinese will dump 3 Trillion Dollars of US Debt. Japan ,Turkey, Russia has started to Dump US Treasure Bills. When Oil is no Longer traded in US Dollars, there is no point in Keeping in US Dollars. Only Saudi Arabia accepts US Dollar for trade due to agreement with military protection by USA. USA will remove US forces around the world once US Dollar is no longer Reserve Currency. BRICS will rise.

 

[jhnnwp]

Mekath Greece wage wei

 

[ibnanv]

EU and BRICS want to New Banking Transaction system apart from SWIFT. So as to avoid US trade sanctions.

Property does not mean apartments. Physical houses and Land. Apartments are speculated prices.

 

[ibnanv]

Property does not mean apartments. Physical houses and Land. Apartments are speculated prices.

 

[wingman]

Sparta will fall. BRICS will rise.

 

[gayendra9*9]

As an investment strategy I thought of buying some US dollars & get it converted into LKR when the rate goes up :/

It'll pass 165 by end of 2018, what do you think?

 

[dilduda]

do not save.
earn eat and fuck !

 

[rukshrulz]

do not save.
earn eat and fuck !

& die

 

[SimonRiley]

There is a shift Going on in Reserve Currency. When all US Dollars comes home to haunt US FED Reserve. Chinese will dump 3 Trillion Dollars of US Debt. Japan ,Turkey, Russia has started to Dump US Treasure Bills. When Oil is no Longer traded in US Dollars, there is no point in Keeping in US Dollars. Only Saudi Arabia accepts US Dollar for trade due to agreement with military protection by USA. USA will remove US forces around the world once US Dollar is no longer Reserve Currency. BRICS will rise.

so my worst nightmare coming to life i guess: India is coming : I read a thesis about BRIC invasion: SO once the US $ falls, don't we need a common new reserve currency ? (ps: don't know the economic terms)

 

[SimonRiley]

Sparta will fall. BRICS will rise.

Well in another context it is the only hope for developing countries like us

 

[cuteoz]

As an investment strategy I thought of buying some US dollars & get it converted into LKR when the rate goes up :/

It'll pass 165 by end of 2018, what do you think?

so within 4 months, you'll probably earn a little bit, but how much are you willing to convert? I know there are hundreds of money changers.. but what if the US$ falls.. I know it doesn't seem like that, but what if it does? anyhow it won't make a huge difference if your dealing with 10-20.000 $, anything more than 50.000 probably will make a small difference.

 

[SLhuman]

Euro is in uncertain territory only Swiss Franc is good as Gold. If Turkish lira falls Euro will fall too.

WHy?

 

[thilina91]

Was thinking about selling half of a property in SL and converting it to Euros or something.