May 2012
Intermediate to advanced
256 pages
3h 39m
English
book
The Little Book of the Shrinking Dollar: What You Can Do to Protect Your Money Now
by Addison Wiggin, Samantha Buker
Content preview from The Little Book of the Shrinking Dollar: What You Can Do to Protect Your Money Now
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Jim Rogers’s Home Currency: The Singapore Dollar
We didn’t get to interview Jim for this book, but he agreed with the tenets of our book Financial Reckoning Day Fallout. We always keep an eye on what he’s up to. He’s made Singapore one of his main homes starting in 2007. We think that’s a good clue as to what he feels about its local currency—the Singapore dollar. He’s strongly for it and thinks it’ll keep value promises.
Here’s the evidence in its favor that we’ve dug up.
1. Here’s a currency that models itself on former safe-haven Swiss franc.
2. Over the past decade the Singapore dollar strengthened against the USD by 37 percent.
3. Predictions say it’ll hit parity by 2015.
4. The Monetary Authority of Singapore likes strength.
5. The economic forecasts suggest there’s growth here that’s not going away.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.