Rates set to be cut again

[italkcash]

Rates are set to be cut again, maybe before 2008, but for sure in January by the FED. This impact could probably solve some of the credit crisis in USA as most banks have lost billions on the latest mortgage loans. In another turn, it could put the dollar even lower as less people want to trade the dollar. Either way, the marked will be very turbulent in the next few months.

[cheer]

Yes, 2007 end with a very bad fund history. Many bank loss billions in mortgage loans. It affect not only the dollar but the stock market in USA. The world stock market will follow the pattern of stock market in USA. Indiretly it bring great side effect to many investors.

[buaya]

Oh no, the value of my funds in e-curriency is going to drop some more> It means I have to earn more in order to cash out the same amount of money to my local bank account

[orangebelt]

So anybody out there who hv funds in USD better convert it to local currency to avoid further loss... it is still not too late to act now...

[animecrunchy]

Us is really trouble to gear up their economy. With another rate cut happen this will make Us dollar in big slump again other currency. Will this made Oil price begin to rise more than $100 per barrel next year?

[zapper]

Originally Posted by buaya

Oh no, the value of my funds in e-curriency is going to drop some more> It means I have to earn more in order to cash out the same amount of money to my local bank account

huh? It will go down only if you had your money in e-gold/e-bullion/Pecunix. All other DGCs do not show you in terms of gold. It`s better for you to wait and then cashout!.