https://www.cnbc.com/2018/08/20/trump-is-the-unsung-hero-of-the-world-economy---commentary.htmlDow Jones approaching an all time high. Consumer confidence up. Unemployment down.
US Dollar has recently spiked against nearly all currencies around the world:
Turkish Lirahttps://www.xe.com/currencycharts/?from=USD&to=TRY&view=2YIran Rialhttps://www.xe.com/currencycharts/?from=USD&to=IRR&view=2YUgandan Shillinghttps://www.xe.com/currencycharts/?from=USD&to=UGX&view=2YPakistani Rupeehttps://www.xe.com/currencycharts/?from=USD&to=PKR&view=2YFor those skeptics in the group who say that Trump is economically destroying those countries he does not like via a systematic currency degradation program, I say no.
He is simply making them more affordable holiday destinations, and given the racial and religious tolerance of our fine members, I am sure no one will have a problem taking their Christmas vacation in these locations.
For example, take Uganda. Please, who does not want their own quarter acre river-front block on the Nile for less than US$400?
Investment of a lifetime.
And for those of you who think the US economy is about to come crashing down, and the US dollar with it.
Then there is a massive safeguard.
Grab $10,000 out of your bank account. Then buy an Australian stock indexed fund (with around the top 20 Aussie stocks) now that the Australian dollar (AUD) is only worth around 72 US cents.
If the US dollar crashes and the US-AUD exchange rate goes back to parity which it was in 2011, then your $10,000 investment is worth $13,888 before the stocks even move an inch.
The world is your oyster with a high US dollar.
Just ask Hillgoose.
