Which Foreign Currency will Outperform in the next 20 years?

[bchadwick]

JasonU Wrote:
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> I'd rather have a heap of metal than a stack of
> worthless paper
>
> you can't beat people with paper..


There's a photo on wikipedia somewhere where they show people in Weimar Germany throwing stacks of Reichsmarks into the furnace. It explains that with the hyperinflation, it was less expensive just to burn the currency in the furnace than to buy wood with it and burn that.

So the paper can be quite useful.

And maybe you can't beat people with currency like you can a heap of metal, but you could potentially light it on fire and throw it at them.

 

[JasonU]

hows anything ever going to burn under water?

 

[bchadwick]

JasonU Wrote:
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> hows anything ever going to burn under water?


OK, so we invest in sodium metal.

 

[vogriphach]

Kazakh Tenge.

Kazakhstan is one booming country and is often overlooked in contrast to more publicized emerging countries such as China, Vietnam.

http://around.blogspot.com

 

[CareerChange]

Here's another wacky idea.

Bhutanese Ngultrum - Bhutan is an exporter of power to India. It's tapping the streams flowing down the Himalayas to generate power. India is going to be power hungry for decades to come and is going to consume all the power Bhutan can generate. Bhutan is expected to reach developed country income levels pretty soon.

Bhutan doesn't have much of a military expenditure or anything else to spend on. It recently embraced democracy as the king volutarily conducted elections and abdicated the throne.