Indian Rupee/Kuwaiti Dinar

Discussion in 'Forex Trading' started by TM1982, Jun 7, 2009.

  1. TM1982

    TM1982

    Do any of think converting USD to Kuwaiti Dinar or Indian Rupee is a good choice for long term??
     
  2. For what purpose? ROI, hedging? As contract or physical?
     
  3. TM1982

    TM1982

    ROI. Just want to diversify my USD into a basket of currencies for the inevitable hyperinflation that will crush the USD. I don't know when it's going to happen but it will and want to be protected.

    So trying to get a feel of some currencies I should get into.
     
  4. JACKASS

    JACKASS

    TM

    if ur not Indian
    y bother with the INR ?
    it's not freely convertible

    personally i think INR is bigger shit than the USD

    KD is prob still convertible - but not liquid

    i wud stik to liquid alt like AD / CD / EU / GOLD etc

    cheers
     
  5. 1) India is VERY dependent on the US for purchasing services, etc.

    2) If the USA goes under, what do you think will happen to canada? Europe? Japan? etc. etc. Everything is incredibly interlinked. Pull down the biggest domino, and the world will be a financial hellhole

    And Kuwait? Remember Iceland? don't buy a little country. Rather than Kuwait, maybe Saudi Arabia.