BajaNomad

Peso slipping again

CaboRon - 11-12-2008 at 09:19 AM

Today Wednesday.... one US dollar = 13.48 pesos

Change money before the national bank throws a few billion to support it.

CAboRon



[Edited on 11-12-2008 by CaboRon]

Wait for a Better Deal ?

MrBillM - 11-12-2008 at 09:26 AM

Once the Government reaches the limit of hard reserves to support the Peso, the slide should be dramatic, especially given the fact that NO Bailout funds will be available this time around from the U.S. government given their Bailout priorities.

Good deals are coming in this next Depression.