News out to-day is that the Euro is weakening: With the Greek crisis looming over the heads of the Euro community, now would probably be a very good time to take money outside of the European community. When we say the Euro is weak, lets not forget that the Euro was trading around 0.90 in 2001, and today it is trading around 1.35…..so it is still 50% higher than it’s low point. It has traded as high as 1.58 though….
Do you think Europeans should place their cash into the Dollar, or possibly US (preferably New York) real estate?
We do (then again, when haven’t we?)….