Forex is a wonderful area for people to make money where the big boys once had the playground to itself. But it is a levered game and most people and even the smart ones can get tripped up with the concept of leverage and "being right, but at the wrong time." So with that in mind buy the most despised currencies in the most overlooked region, Africa.
I'm talking about the:
Kenyan Shilling
Ugandan Shilling
South African Rand
Libyan Dinar
Liberian Dollar
Nigerian Naira
Tanzanian Shilling
These will if my concept of African growth plays out appreciate like nobodies business.
They will have trade surpluses, growth, and possibly stability. Remember these countries are starting from nothing and have everything to gain.
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1 comment:
Good to see you the other weekend. Now I am understanding the forex lingo....
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