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Unread 01-05-2007, 08:10 PM   #7 (permalink)
DJ FC
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The pound is owning the dollar. I was in London last summer and got raped every time i spent money.

If you think the pound will continue to own the dollar, borrow money in US dollars and convert them to pounds. Invest the pounds. Make payments back in dollars. As the pound appreciates against the dollar, make payments back in dollars, which will now cost less pounds.. and you will have a profit.


The basis of our governments being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers, or newspapers without a government, I should not hesitate a moment to prefer the latter. But I should mean that every man should receive those papers and be capable of reading them.
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