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Nairaland Forum / Nairaland / General / Politics / Buy Forex And Watch This Country Collapse Further (499 Views)
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Buy Forex And Watch This Country Collapse Further by Nobody: 9:57am On Jul 18, 2015 |
We must start buying up forex and dumping the naira. Once we do this Nigeria's economy will further crash. Our oil can not suppport them all anymore. We must use this blessing in disguise to further destroy their economy. If you earn 100k use 60k and buy forex. It is time we started using economic terrorism to bring this beast to the ground. Or what is the need in holding the currency of a Nation that is on its last leg? Convert your earnings to forex , only hold what you need to survive and pay bills. |
Re: Buy Forex And Watch This Country Collapse Further by Nobody: 10:02am On Jul 18, 2015 |
If you had bought forex in the beginning of this year when it was trading at 168 to the dollar you would have seen a 50% appreciation. If we all swarm the market for forex this will further devaluate the Naira and have it sharing Zimb Dollar positions. Lets see how they will fight a war without money |
Re: Buy Forex And Watch This Country Collapse Further by Whynotthetruth(m): 10:41am On Jul 18, 2015 |
On a positive note, I want to learn the market workings of forex taking note of when to buy and when to sale alongside channels for such transactions while spelling out all the risks involved too... thanks |
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