Sunday, November 26

Britain may have lost the Empire, but...

...they can really enjoy the strength of the pound. We definitely do!

There was an article in the paper this morning that said the US dollar will likely hit $2.00 against the British pound by 2007. £1 is currently valued at $1.93. This is quite a boon for us at this time of year since we will be going to the US and just in time to do the Christmas shopping. We can use our British credit card to pay for things and basically get a 50% discount on everything we buy. We're going to watch the currency exchange values and as soon as it looks like it has reached the high water mark, we'll transfer our £ savings to our US savings account to double our money. Pretty cool!

===Bloomberg's Currency Calculator===

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