ya i was just reading that about china....that and i just listened to schiff for 90minutes and what he feels is gonna happen to the USD at some pt in the future...oh this speech was just given this month too fwiw...worth spending the 90minutes to listen to this guy...dead on...
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Be careful exchanging USD for other currencies at the bank or a currency exchange centre. They will give you extremely shitty exchange rates that result in a 6% to 12% markup versus the actual rates. Unfortunately, a "retail" individual looking to do a small exchange is pretty much always going to get screwed on the rate, so it is best to shop around for the closest rate to the market.
the funny thing is 30minutes in he talks about the past....i LOVED how he talked about clinton and her trip to china...the last 30/40minutes of it are incredible IMO...
i found a website last night that looks pretty decent...its foreignmoney.com i looked at a couple they were the best rates....
i found a website last night that looks pretty decent...its foreignmoney.com i looked at a couple they were the best rates....
