Saturday, January 31, 2009

Pure money speculation

Conversation
"The Thai Baht is the strongest currency in the world right now !!"
"I don't think so."
I had to do some research.

The most obvious pattern I discovered:
All articles written regarding currency strengths had bylines (written by). 
  • That's makes these articles opinions rather than facts.

The next obvious pattern was time and location of these opinions

▪ May 2008 "Shekel the worlds strongest currency, (guess where the writer is from)
▪ 2004 Australian dollar strongest, (guess where the writer is from)
▪ 2007 Kuwaiti dinar, Maltese lira (ditto)
▪ Euro, etc. (ditto)


The Thai Baht has remained strong, but is not the strongest currency.

Most recent opinions still claim the U.S. dollar as the strongest, with Japan in second.

Dollar is still the strongest currency,January 12, 2009 by...
There are those predictions that the U.S. dollar will soon take a dive of historic proportions.
We haven't seen the bottom of the money pit, so no one can tell how much deeper things are going to get.

Global (Currency) Warming Forecast
Increased drought.
Increased rain and floods.
Melting ice caps.
Earthquakes and tsunamis more likely.

That's my opinion on the matter.  What's yours? 



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