At The Sound Of Cannons Offices, an almost daily panic arises on where we should put our money to protect it. Thankfully, our friends at http://www.everbank.com/ have a wonderful solution.
Here's why investing eroding greenbacks in EverBank's New World Energy CD is such a wise move.
First, it hopes to cash in on falling exchange rates. The CD is denominated in three currencies — the Canadian dollar, the Australian dollar and the Norwegian krone (33.3% each). So, your potential returns grow as the dollar depreciates against them. And there's a good reason to expect these currencies to continue rising against the dollar.
"That's because Canada, Australia and Norway have something America doesn't - abundant energy supplies. While the United States has to hold on to every bit of oil, coal, natural gas and uranium it can get out of the ground, these three countries have enough to sell to the highest bidder. The influx of cash gives their currencies a solid pillar to stand on...something the U.S. dollar no longer has."
We decided to run this link over to Everbank.com, as soon as we heard EverBank had made the CD available. If you are are looking for more details, you can find them here .
Here's why investing eroding greenbacks in EverBank's New World Energy CD is such a wise move.
First, it hopes to cash in on falling exchange rates. The CD is denominated in three currencies — the Canadian dollar, the Australian dollar and the Norwegian krone (33.3% each). So, your potential returns grow as the dollar depreciates against them. And there's a good reason to expect these currencies to continue rising against the dollar.
"That's because Canada, Australia and Norway have something America doesn't - abundant energy supplies. While the United States has to hold on to every bit of oil, coal, natural gas and uranium it can get out of the ground, these three countries have enough to sell to the highest bidder. The influx of cash gives their currencies a solid pillar to stand on...something the U.S. dollar no longer has."
We decided to run this link over to Everbank.com, as soon as we heard EverBank had made the CD available. If you are are looking for more details, you can find them here .
No comments:
Post a Comment