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What we should seriously consider doing now

Created: Tuesday, December 19th, 2006
16:51:53 UTC
Last modified: Tuesday, December 19th, 2006
16:52:09 UTC

Don't sell all your stocks ... move the money into international funds, preferably ones heavier in Europe after the new rule put in place in Thailand that gave the Asian markets a shiver. It is not in China's interest to dump all those dollars onto the market at once since the US is buying so many of the products China is exporting. I think we will see a slow, steady slide over all of 2007.

If the dollar gets too unstable or drops too low in value, OPEC is going to start selling oil in euros instead of Dollars, so you win on two fronts investing your dollars into mutual funds that hold stocks and bonds in euros.